https://www.taxtmi.com/caselaws?id=64421 The Tribunal upheld the decision of the Commissioner (Appeals) and dismissed the appeal, ruling that the appellant was not entitled to the weighted deduction for charter hire charges of Rs. 49,50,016 under section 35B of the Income-tax Act, 1961. The expenditure was deemed to be for procuring fish, not falling within the eligible activities for deduction. The appeal was dismissed in favor of the revenue. en-us Tue, 28 Oct 1986 00:00:00 +0530 Mon, 07 Feb 2011 17:46:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64421 The Tribunal upheld the decision of the Commissioner (Appeals) and dismissed the appeal, ruling that the appellant was not entitled to the weighted deduction for charter hire charges of Rs. 49,50,016 under section 35B of the Income-tax Act, 1961. The expenditure was deemed to be for procuring fish, not falling within the eligible activities for deduction. The appeal was dismissed in favor of the revenue. Case-Laws Income Tax Tue, 28 Oct 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64421