https://www.taxtmi.com/caselaws?id=253285 The Court held that the entire qualifying expenditure is eligible for weighted deduction under section 35C of the Income Tax Act, emphasizing the importance of the nexus between the supplier of raw material and services provided by the assessee for rural area development. The Court ruled in favor of the assessee, allowing deduction of claimed expenditure except for specific items already addressed by the Income-tax Officer. Ultimately, all questions were answered in favor of the assessee, resulting in the disposal of the Income Tax Reference in favor of the assessee. en-us Thu, 09 Oct 2014 00:00:00 +0530 Thu, 20 Nov 2014 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253285 The Court held that the entire qualifying expenditure is eligible for weighted deduction under section 35C of the Income Tax Act, emphasizing the importance of the nexus between the supplier of raw material and services provided by the assessee for rural area development. The Court ruled in favor of the assessee, allowing deduction of claimed expenditure except for specific items already addressed by the Income-tax Officer. Ultimately, all questions were answered in favor of the assessee, resulting in the disposal of the Income Tax Reference in favor of the assessee. Case-Laws Income Tax Thu, 09 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253285