https://www.taxtmi.com/caselaws?id=15675 The court ruled in favor of the assessee, allowing weighted deductions under section 35B for export promotion and foreign delegate expenses. It held that section 35B is independent of section 37, and expenses meeting its conditions are deductible regardless of non-allowability under other provisions. However, the court denied the weighted deduction on royalty paid on export sales, aligning with precedent against such deductions. The decision resulted in a partial victory for the assessee, with costs left undetermined. en-us Wed, 17 Dec 1997 00:00:00 +0530 Wed, 26 Aug 2009 18:04:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15675 The court ruled in favor of the assessee, allowing weighted deductions under section 35B for export promotion and foreign delegate expenses. It held that section 35B is independent of section 37, and expenses meeting its conditions are deductible regardless of non-allowability under other provisions. However, the court denied the weighted deduction on royalty paid on export sales, aligning with precedent against such deductions. The decision resulted in a partial victory for the assessee, with costs left undetermined. Case-Laws Income Tax Wed, 17 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15675