https://www.taxtmi.com/caselaws?id=15364 Customs duty and sales tax were held not to qualify as expenditure for weighted deduction under section 35B, because statutory liabilities are not deductible expenditure for that purpose. Expenses incurred in India for maintaining a foreign office also did not satisfy section 35B(1)(b)(iv), which requires maintenance of a branch or office outside India. The assessee was therefore not entitled to weighted deduction on the disputed items, and the reference was answered against the assessee on both substantive issues. en-us Thu, 23 Sep 1999 00:00:00 +0530 Thu, 06 Aug 2009 11:12:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15364 Customs duty and sales tax were held not to qualify as expenditure for weighted deduction under section 35B, because statutory liabilities are not deductible expenditure for that purpose. Expenses incurred in India for maintaining a foreign office also did not satisfy section 35B(1)(b)(iv), which requires maintenance of a branch or office outside India. The assessee was therefore not entitled to weighted deduction on the disputed items, and the reference was answered against the assessee on both substantive issues. Case-Laws Income Tax Thu, 23 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15364