https://www.taxtmi.com/caselaws?id=14713 The court upheld the validity of proceedings under section 263, denied weighted deduction for certain expenses related to foreign bills and incentives to dealers in the USA, and disallowed deduction for personal expenses paid to a partner in the USA. The court ruled in favor of the Revenue and against the assessee on all issues, with no order as to costs. en-us Mon, 24 Jul 2000 00:00:00 +0530 Sat, 18 Jul 2009 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14713 The court upheld the validity of proceedings under section 263, denied weighted deduction for certain expenses related to foreign bills and incentives to dealers in the USA, and disallowed deduction for personal expenses paid to a partner in the USA. The court ruled in favor of the Revenue and against the assessee on all issues, with no order as to costs. Case-Laws Income Tax Mon, 24 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14713