https://www.taxtmi.com/caselaws?id=19721 The High Court of Kerala ruled against the assessee concerning the eligibility of a contribution to the Coir Promotion Fund for weighted deduction under section 35B. The court denied the deduction, stating that the amount returned by the Coir Board in subsequent years could not be considered as expenses incurred. However, the court remitted the issues of classifying payments to Overseas Agencies and determining expenditure nature under a specific section back to the Tribunal for reconsideration based on previous decisions and observations, without awarding costs. en-us Fri, 07 Oct 1994 00:00:00 +0530 Mon, 09 Nov 2009 12:26:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19721 The High Court of Kerala ruled against the assessee concerning the eligibility of a contribution to the Coir Promotion Fund for weighted deduction under section 35B. The court denied the deduction, stating that the amount returned by the Coir Board in subsequent years could not be considered as expenses incurred. However, the court remitted the issues of classifying payments to Overseas Agencies and determining expenditure nature under a specific section back to the Tribunal for reconsideration based on previous decisions and observations, without awarding costs. Case-Laws Income Tax Fri, 07 Oct 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19721