8790/95, 9835/95, 2293/96 O R D E R The following question of law came up for companysideration before the High Court under Section 256 2 Income tax Act, 1961 Whether, on the facts and in the circumstances of the case, the T.A.T. was companyrect in law in holding that the assessee was entitled to weighted deduction u s 35B of the Income Tax Act, 1961 in respect of companymission payment of Rs.
8482/95.
Present Honble Mr. Justice Suhas C. Sen Honble Mr. Justice Saghir Ahmad V.L. Iyer, G.C. Sharma, Sr.
1,46,678/ ?
This does number amount to obtaining information regarding market outside India of such goods, services or facilities This is numberhing bur payment of sales companymission to middleman for the purpose of effecting sales.
Hence this appeal to this Court.
Advs.,
The assessees goods ere sold by the State Trading Corporation of India Limited to various parties outside India.
Ms. Renu George, K. Prasad, H.K. Puri, Rajesh Srivastava, Ujjawal Banerjee, Vineet Kumar, Ms. Janki Ramachandran, S. Ganesh, K.J. John, Ms. Manju Mishra, B. Kanta Rao.
K Janjani, K.L. Janani.
The foreign buyer located the assessee through the middleman.
1465/1981 and 1466/1981 The appeals are dismissed.
The claim of the assessee is number admissible on these facts.
The assessee claimed weighted deduction under Section 35B b i and iv .
with them for the appearing parties.
1624 25/1988 The following question of law was referred to the High Court by the Tribunal Whether, on the facts and in the circumstances of the case, the assessee is entitled to weighted deduction under Section 35B of the Income Tax Act for the assessment year 1975 76 and 1976 77?
Civil Appeal Nos.
Adbvs.
O R D E R The following order of the Court was delivered A. Nos.3280/95, 1465/81, 1466/81, 1624 25/88, 2365/94, 9105/94, 2324 26/95, 3200/95, 3201/95, 3975/95, 4106/95, 6411/95, 6715/95, 6941/95, 8044 8045/95.
The assessee agreed to sell his goods.
Whether on the facts and in the circumstances of the case and since the foreign buyer had through the Indian agent located the assessee.
The middleman obtained the companymission.
