https://www.taxtmi.com/caselaws?id=16226 The High Court of MADRAS reviewed questions of law referred by the Income-tax Appellate Tribunal concerning the eligibility of weighted deductions under section 35B of the Income-tax Act. The Court found that the Tribunal had not adequately considered the nature of activities by relevant entities and the link between expenditures and eligibility criteria. It directed the Tribunal to reassess the matter, emphasizing the need for specific findings on the sub-clauses of section 35B. The judgment highlighted the importance of aligning expenditures with the Act's provisions for claiming deductions, ensuring a thorough decision-making process. en-us Tue, 23 Dec 1997 00:00:00 +0530 Tue, 01 Sep 2009 18:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16226 The High Court of MADRAS reviewed questions of law referred by the Income-tax Appellate Tribunal concerning the eligibility of weighted deductions under section 35B of the Income-tax Act. The Court found that the Tribunal had not adequately considered the nature of activities by relevant entities and the link between expenditures and eligibility criteria. It directed the Tribunal to reassess the matter, emphasizing the need for specific findings on the sub-clauses of section 35B. The judgment highlighted the importance of aligning expenditures with the Act's provisions for claiming deductions, ensuring a thorough decision-making process. Case-Laws Income Tax Tue, 23 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16226