https://www.taxtmi.com/caselaws?id=16196 Expenditure incurred in India did not qualify for weighted deduction under section 35B where it fell within the prohibitory scope of section 35B(1)(b)(iii). Applying the earlier decision in the assessee's own case, the Court held that export air freight charges and insurance charges were incurred in India and were therefore outside the deduction. The same reasoning applied to shipping and harbouring charges and export handling charges, as they also related to carriage of goods to a destination outside India or insurance of such goods in transit and were incurred in India. The assessee was accordingly denied weighted deduction on all the items, and the reference was answered in favour of the Revenue. en-us Wed, 04 Mar 1998 00:00:00 +0530 Tue, 01 Sep 2009 16:50:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16196 Expenditure incurred in India did not qualify for weighted deduction under section 35B where it fell within the prohibitory scope of section 35B(1)(b)(iii). Applying the earlier decision in the assessee's own case, the Court held that export air freight charges and insurance charges were incurred in India and were therefore outside the deduction. The same reasoning applied to shipping and harbouring charges and export handling charges, as they also related to carriage of goods to a destination outside India or insurance of such goods in transit and were incurred in India. The assessee was accordingly denied weighted deduction on all the items, and the reference was answered in favour of the Revenue. Case-Laws Income Tax Wed, 04 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16196