https://www.taxtmi.com/caselaws?id=5779 Weighted deduction under section 35B(1)(b) was not available for expenditure on foreign indenting business where the relevant services were rendered in India. The governing principle was that export markets development allowance cannot be claimed for commission or similar outgoings incurred in India merely because the activity has an overseas business element. On that reasoning, the assessee's claim failed and the allowance was disallowed. en-us Fri, 14 May 1999 00:00:00 +0530 Wed, 29 Aug 2018 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5779 Weighted deduction under section 35B(1)(b) was not available for expenditure on foreign indenting business where the relevant services were rendered in India. The governing principle was that export markets development allowance cannot be claimed for commission or similar outgoings incurred in India merely because the activity has an overseas business element. On that reasoning, the assessee's claim failed and the allowance was disallowed. Case-Laws Income Tax Fri, 14 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5779