https://www.taxtmi.com/caselaws?id=16949 The court held that the assessee was not entitled to weighted deduction for export expenses, export inspecting agency charges, and bank commission under section 35B of the Income-tax Act, 1961. The Tribunal was directed to verify if the expenditure on sea freight and marine insurance was incurred in connection with the execution of a contract for the supply of goods outside India, and if so, the weighted deduction should be allowed for those specific expenditures. en-us Fri, 22 Aug 1997 00:00:00 +0530 Mon, 14 Sep 2009 12:23:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16949 The court held that the assessee was not entitled to weighted deduction for export expenses, export inspecting agency charges, and bank commission under section 35B of the Income-tax Act, 1961. The Tribunal was directed to verify if the expenditure on sea freight and marine insurance was incurred in connection with the execution of a contract for the supply of goods outside India, and if so, the weighted deduction should be allowed for those specific expenditures. Case-Laws Income Tax Fri, 22 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16949