https://www.taxtmi.com/caselaws?id=16351 Weighted deduction under section 35B was claimed for payments described as contributions, service charges and subscriptions to export promotion councils and associations linked to export sales. The claim failed because the payments were not shown to fall within the specified expenditure categories in section 35B(1)(b) and were not established as wholly and exclusively incurred for the prescribed export promotion purposes. Applying the scope of section 35B as explained by the Supreme Court, such outgoings did not qualify for the weighted deduction. en-us Mon, 16 Nov 1998 00:00:00 +0530 Mon, 07 Sep 2009 12:02:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16351 Weighted deduction under section 35B was claimed for payments described as contributions, service charges and subscriptions to export promotion councils and associations linked to export sales. The claim failed because the payments were not shown to fall within the specified expenditure categories in section 35B(1)(b) and were not established as wholly and exclusively incurred for the prescribed export promotion purposes. Applying the scope of section 35B as explained by the Supreme Court, such outgoings did not qualify for the weighted deduction. Case-Laws Income Tax Mon, 16 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16351