https://www.taxtmi.com/caselaws?id=17061 The Tribunal upheld the order allowing weighted deduction under section 35B of the IT Act for various expenditures without specific sub-clause correlation. The High Court affirmed this, including gratuity as an admissible expenditure. Regarding the accrual of cash incentives for exports, the Tribunal held that it accrues upon claim application, not upon export. The High Court upheld this, emphasizing income accrual upon the right to receive it. Both issues were decided in favor of the assessee, confirming the Tribunal's decisions on weighted deduction and cash incentive accrual. en-us Mon, 18 Aug 1997 00:00:00 +0530 Tue, 15 Sep 2009 10:10:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17061 The Tribunal upheld the order allowing weighted deduction under section 35B of the IT Act for various expenditures without specific sub-clause correlation. The High Court affirmed this, including gratuity as an admissible expenditure. Regarding the accrual of cash incentives for exports, the Tribunal held that it accrues upon claim application, not upon export. The High Court upheld this, emphasizing income accrual upon the right to receive it. Both issues were decided in favor of the assessee, confirming the Tribunal's decisions on weighted deduction and cash incentive accrual. Case-Laws Income Tax Mon, 18 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17061