https://www.taxtmi.com/caselaws?id=17245 The court ruled in favor of the assessee on both issues. Regarding the eligibility of weighted deduction on part of salary and establishment expenses, the court upheld the Tribunal's decision to allow 65% of the total expenditure as weighted deduction due to the substantial proportion of export business. In the case of expenditure incurred on receiving and treating foreign buyers in India, the court allowed the full amount as weighted deduction under section 35B, considering it as a promotion and development expense for the export market. en-us Mon, 07 Jul 1997 00:00:00 +0530 Mon, 21 Sep 2009 10:53:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17245 The court ruled in favor of the assessee on both issues. Regarding the eligibility of weighted deduction on part of salary and establishment expenses, the court upheld the Tribunal's decision to allow 65% of the total expenditure as weighted deduction due to the substantial proportion of export business. In the case of expenditure incurred on receiving and treating foreign buyers in India, the court allowed the full amount as weighted deduction under section 35B, considering it as a promotion and development expense for the export market. Case-Laws Income Tax Mon, 07 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17245