https://www.taxtmi.com/caselaws?id=13003 Weighted deduction for export-related expenditure under section 35B required fresh examination because the existing record was insufficient to finally determine entitlement, and the assessee had to be allowed to adduce evidence on the relevant heads of expenditure. The claim for leave with wages was treated as an accrued liability, because the obligation arose from statutory entitlement and was consistently reflected in the assessee's accounts; that deduction was sustained. The text also notes the general principle that an accrued liability is deductible if it is not merely contingent, while export-deduction claims depending on factual substantiation may be remitted for reconsideration. en-us Wed, 13 Feb 2002 00:00:00 +0530 Mon, 25 May 2009 18:13:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13003 Weighted deduction for export-related expenditure under section 35B required fresh examination because the existing record was insufficient to finally determine entitlement, and the assessee had to be allowed to adduce evidence on the relevant heads of expenditure. The claim for leave with wages was treated as an accrued liability, because the obligation arose from statutory entitlement and was consistently reflected in the assessee's accounts; that deduction was sustained. The text also notes the general principle that an accrued liability is deductible if it is not merely contingent, while export-deduction claims depending on factual substantiation may be remitted for reconsideration. Case-Laws Income Tax Wed, 13 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13003