JUDGEMENT
-
(1.) IN view of the findings recorded by the Tribunal that the expense in question was incurred upon maintaining the branch in Penang (Malaysia) of
the assessee for promotion of sales of his products, the expenditure has
been rightly held to be falling under section 35B of the Income-tax Act,
as it stood at the relevant time
(2.) THE appeals are accordingly dismissed. No costs.;
Click here to view full judgement.
Copyright © Regent Computronics Pvt.Ltd.