https://www.taxtmi.com/caselaws?id=16740 Weighted deduction under section 35B(1)(b) required expenditure to be incurred wholly and exclusively for activities performed outside India and in connection with export-related contracts. Packing and forwarding expenses were incurred within India before export, so they did not satisfy the statutory condition. Import licence fee was likewise not an expense incurred outside India and therefore also failed the test. The claim for weighted deduction on both heads was disallowed, and the reference was answered in the negative in favour of the Revenue. en-us Mon, 03 Aug 1998 00:00:00 +0530 Wed, 09 Sep 2009 17:21:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16740 Weighted deduction under section 35B(1)(b) required expenditure to be incurred wholly and exclusively for activities performed outside India and in connection with export-related contracts. Packing and forwarding expenses were incurred within India before export, so they did not satisfy the statutory condition. Import licence fee was likewise not an expense incurred outside India and therefore also failed the test. The claim for weighted deduction on both heads was disallowed, and the reference was answered in the negative in favour of the Revenue. Case-Laws Income Tax Mon, 03 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16740