https://www.taxtmi.com/circulars?id=9380 Entitlement to weighted deduction under Section 35B depends on whether expenditure falls within clause (b) sub clauses; place of expenditure is irrelevant except for explicit exclusions in sub clause (iii). Composite and common expenses may be proportionately apportioned to qualifying activities. The assessee must prove that expenditures are incurred wholly and exclusively for specified activities. The Board agrees with the tribunal's interpretative principles but expresses reservations about specific factual apportionments, notably substantial salary allocations to export activities and treatment of insurance paid to export credit guarantee bodies. en-us Tue, 29 Jan 1980 00:00:00 +0530 Sat, 04 Jun 2011 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9380 Entitlement to weighted deduction under Section 35B depends on whether expenditure falls within clause (b) sub clauses; place of expenditure is irrelevant except for explicit exclusions in sub clause (iii). Composite and common expenses may be proportionately apportioned to qualifying activities. The assessee must prove that expenditures are incurred wholly and exclusively for specified activities. The Board agrees with the tribunal's interpretative principles but expresses reservations about specific factual apportionments, notably substantial salary allocations to export activities and treatment of insurance paid to export credit guarantee bodies. Circulars Income Tax Tue, 29 Jan 1980 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9380