https://www.taxtmi.com/caselaws?id=70223 Weighted deduction under section 35B(1)(b) was denied for interest on packing credit, certificate of expense and inspection agency fees because those items did not fall within the qualifying statutory categories. Reimbursement of medical expenses paid to a director-cum-employee was treated as a benefit or amenity and therefore included in salary for the ceiling under section 40(c), read with section 40A(5). The assessee's claim failed on both issues, and the assessment disallowance and inclusion were sustained. en-us Sat, 07 Aug 1982 00:00:00 +0530 Thu, 14 Apr 2011 18:55:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70223 Weighted deduction under section 35B(1)(b) was denied for interest on packing credit, certificate of expense and inspection agency fees because those items did not fall within the qualifying statutory categories. Reimbursement of medical expenses paid to a director-cum-employee was treated as a benefit or amenity and therefore included in salary for the ceiling under section 40(c), read with section 40A(5). The assessee's claim failed on both issues, and the assessment disallowance and inclusion were sustained. Case-Laws Income Tax Sat, 07 Aug 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70223