1998 (3) TMI 12

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....AN J.-The question of law referred at the instance of the assessee for the assessment years 1976-77 and 1977-78 reads as under: "Whether the Tribunal was justified in confirming the disallowance of expenditure incurred on Agmark coupons, fumigation charges, carriage of export goods, marine insurance and certificate of origin under the provisions of section 35B of the Income-tax Act, 1961, for t....

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....gh Court and hold that the expenses incurred by the assessee in respect of Agmark cannot be said to have been incurred either for promotion of export sales or for the purpose of furnishing technical information to foreign buyers and the case of the assessee does not fall under section 35B(1)(b)(viii) of the Act and, therefore, the assessee is not entitled to weighted deduction in respect of the ex....