https://www.taxtmi.com/caselaws?id=16473 Interest paid on packing credit was treated as outside the scope of weighted deduction under section 35B of the Income-tax Act because the earlier binding view had already held that such interest did not qualify. The assessee did not dispute that legal position, and the claim for deduction on that count was therefore rejected in favour of the Revenue. en-us Wed, 09 Apr 1997 00:00:00 +0530 Tue, 08 Sep 2009 10:58:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16473 Interest paid on packing credit was treated as outside the scope of weighted deduction under section 35B of the Income-tax Act because the earlier binding view had already held that such interest did not qualify. The assessee did not dispute that legal position, and the claim for deduction on that count was therefore rejected in favour of the Revenue. Case-Laws Income Tax Wed, 09 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16473