COMMISSIONER OF INCOME TAX Vs. ONKAR NATH AGGARWAL

JUDGEMENT

(1.) THE following question of law has been referred for the opinion of this Court by the Tribunal, Amritsar Bench, Amritsar,

(2.) THE assessee claimed deduction towards the commission and the export markets development allowance. The AO disallowed the same under s. 37(3A) of the IT Act, 1961 (for short, "the Act"). The CIT(A) allowed the claim of the assessee, which has been upheld by the Tribunal.

(3.) WE have heard learned counsel for the parties and perused the findings recorded.