https://www.taxtmi.com/caselaws?id=5741 The High Court interpreted section 35C of the Income-tax Act liberally to allow deductions for expenses related to agricultural development, including disseminating agricultural information. It broadened the definition of "agricultural product" to include rice husk used in manufacturing operations, emphasizing activities enhancing marketability. The court favored the assessee, affirming eligibility for weighted deductions under section 35C for expenses benefiting agriculturists. The judgment dismissed Revenue's appeals, supporting deductions for agricultural development expenses and upholding a broad interpretation of agricultural products. en-us Tue, 13 Apr 1999 00:00:00 +0530 Sun, 03 May 2009 02:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5741 The High Court interpreted section 35C of the Income-tax Act liberally to allow deductions for expenses related to agricultural development, including disseminating agricultural information. It broadened the definition of "agricultural product" to include rice husk used in manufacturing operations, emphasizing activities enhancing marketability. The court favored the assessee, affirming eligibility for weighted deductions under section 35C for expenses benefiting agriculturists. The judgment dismissed Revenue's appeals, supporting deductions for agricultural development expenses and upholding a broad interpretation of agricultural products. Case-Laws Income Tax Tue, 13 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5741