https://www.taxtmi.com/caselaws?id=16446 The court ruled in favor of the Revenue on all counts: the exemption under Section 10(6)(viia) should not be considered for the ceiling under Section 40(c), surtax liability is not deductible, the assessee is not classified as a company of public interest, and the weighted deduction is at one and one-third times the expenditure. The court also held that the remuneration exempt under Section 10(6)(viia) should not be included in determining the ceiling under Section 40(c). Each party was awarded costs of Rs. 1,500 for the references. en-us Fri, 11 Apr 1997 00:00:00 +0530 Mon, 07 Sep 2009 17:56:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16446 The court ruled in favor of the Revenue on all counts: the exemption under Section 10(6)(viia) should not be considered for the ceiling under Section 40(c), surtax liability is not deductible, the assessee is not classified as a company of public interest, and the weighted deduction is at one and one-third times the expenditure. The court also held that the remuneration exempt under Section 10(6)(viia) should not be included in determining the ceiling under Section 40(c). Each party was awarded costs of Rs. 1,500 for the references. Case-Laws Income Tax Fri, 11 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16446