Commissioner of Income Tax, Bombay Vs. Chika Ltd., Bombay - Court Judgment |
| Direct Taxation |
| Supreme Court of India |
| May-14-1999 |
| B.N. Kirpal and; D.P. Mohapatra, JJ. |
| Commissioner of Income Tax, Bombay |
| Chika Ltd., Bombay |
- the text below is only a summarized version of the order pronouncedfollowing the decision in the case of cit v. step well industries ltd., , it was held that the deduction u s 35-b of income tax act could not be claimed in respect of commission paid in india for the sales made outside india. appeal was allowed.
The Text below is only a summarized version of the order pronounced
Following the decision in the case of CIT v. Step well Industries Ltd., , it was held that the deduction u s 35-B of Income Tax Act could not be claimed in respect of commission paid in India for the sales made outside India. Appeal was allowed.