https://www.taxtmi.com/caselaws?id=11292 The court held in favor of the assessee, ruling that the expenditure incurred for services outside India met the criteria for weighted deduction under section 35B(1)(b)(viii) of the Income-tax Act. It clarified that the expenditure did not need to be incurred outside India and emphasized the necessity for the assessee to prove that the expenses were for the specific purposes outlined in the provision. As the first issue was decided in favor of the assessee, the court did not address the second issue regarding the Tribunal's obligation to adjudicate on the allowance of expenditure for guarantee commission. The reference was disposed of with no order as to costs. en-us Tue, 22 Jul 2003 00:00:00 +0530 Thu, 06 Aug 2009 10:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11292 The court held in favor of the assessee, ruling that the expenditure incurred for services outside India met the criteria for weighted deduction under section 35B(1)(b)(viii) of the Income-tax Act. It clarified that the expenditure did not need to be incurred outside India and emphasized the necessity for the assessee to prove that the expenses were for the specific purposes outlined in the provision. As the first issue was decided in favor of the assessee, the court did not address the second issue regarding the Tribunal's obligation to adjudicate on the allowance of expenditure for guarantee commission. The reference was disposed of with no order as to costs. Case-Laws Income Tax Tue, 22 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11292