https://www.taxtmi.com/caselaws?id=15518 The High Court of Kerala ruled in favor of the assessee, holding that they were entitled to claim the weighted deduction under section 35B(1)(b) of the Income-tax Act, 1961. The court found that the expenses incurred by the assessee were essential for their business operations and were directly related to their services provided to exporters. Despite initial rejection by the Income-tax Officer, the Commissioner of Income-tax (Appeals) and the Appellate Tribunal allowed the deduction. The court emphasized the necessity of the expenses for the effective operation of the assessee's business and distinguished cases where deductions were disallowed. en-us Tue, 22 Jun 1999 00:00:00 +0530 Tue, 25 Aug 2009 17:03:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15518 The High Court of Kerala ruled in favor of the assessee, holding that they were entitled to claim the weighted deduction under section 35B(1)(b) of the Income-tax Act, 1961. The court found that the expenses incurred by the assessee were essential for their business operations and were directly related to their services provided to exporters. Despite initial rejection by the Income-tax Officer, the Commissioner of Income-tax (Appeals) and the Appellate Tribunal allowed the deduction. The court emphasized the necessity of the expenses for the effective operation of the assessee's business and distinguished cases where deductions were disallowed. Case-Laws Income Tax Tue, 22 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15518