https://www.taxtmi.com/caselaws?id=192451 The Tribunal upheld the Appellate Authority's decision to allow weighted deduction for specific items of expenditure claimed by the assessee, a firm engaged in export business. It clarified that expenditure must fall within the specific sub-clauses of Section 35B(1)(b) to be eligible for weighted deduction. The Tribunal emphasized the importance of fair apportionment of common expenses for businesses engaged in both export and domestic activities. Certain expenditure items were disallowed as they did not align with the allowable sub-clauses of Section 35B(1)(b). en-us Sat, 17 Jun 1978 00:00:00 +0530 Thu, 01 Jun 2017 16:47:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192451 The Tribunal upheld the Appellate Authority's decision to allow weighted deduction for specific items of expenditure claimed by the assessee, a firm engaged in export business. It clarified that expenditure must fall within the specific sub-clauses of Section 35B(1)(b) to be eligible for weighted deduction. The Tribunal emphasized the importance of fair apportionment of common expenses for businesses engaged in both export and domestic activities. Certain expenditure items were disallowed as they did not align with the allowable sub-clauses of Section 35B(1)(b). Case-Laws Income Tax Sat, 17 Jun 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192451