https://www.taxtmi.com/caselaws?id=12645 The court upheld the deduction limit of Rs. 72,000 under section 40(c) regardless of the extended previous year, rejecting the assessee's claim for a 50% increase. It ruled in favor of the Revenue regarding delegation visit expenses but allowed weighted deduction under section 35B for export inspection fees. The judgment emphasized strict adherence to statutory provisions without altering them to suit individual circumstances, settling the interpretation of section 40(c) and distinguishing valid claims under section 35B based on established precedents and evidence. en-us Mon, 12 Nov 2001 00:00:00 +0530 Wed, 20 May 2009 17:48:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12645 The court upheld the deduction limit of Rs. 72,000 under section 40(c) regardless of the extended previous year, rejecting the assessee's claim for a 50% increase. It ruled in favor of the Revenue regarding delegation visit expenses but allowed weighted deduction under section 35B for export inspection fees. The judgment emphasized strict adherence to statutory provisions without altering them to suit individual circumstances, settling the interpretation of section 40(c) and distinguishing valid claims under section 35B based on established precedents and evidence. Case-Laws Income Tax Mon, 12 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12645