https://www.taxtmi.com/caselaws?id=15894 Weighted deduction under section 35B was held available for premium paid to the Export Credit Guarantee Corporation, following the view taken by several High Courts that such premium qualified for the statutory benefit. The first referred question on deduction for service charges was not pressed and was not decided. On the remaining question, the Court answered in favour of the assessee and against the Department, confirming entitlement to the weighted deduction. en-us Tue, 13 Aug 1996 00:00:00 +0530 Sat, 29 Aug 2009 16:57:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15894 Weighted deduction under section 35B was held available for premium paid to the Export Credit Guarantee Corporation, following the view taken by several High Courts that such premium qualified for the statutory benefit. The first referred question on deduction for service charges was not pressed and was not decided. On the remaining question, the Court answered in favour of the assessee and against the Department, confirming entitlement to the weighted deduction. Case-Laws Income Tax Tue, 13 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15894