https://www.taxtmi.com/caselaws?id=19919 The court upheld the decision to disallow foreign tour expenses as revenue expenses, considering them capital in nature due to their association with setting up new joint venture units. Consequently, the weighted deduction under section 35B was also denied to the assessee, as the expenses were deemed capital expenditure. The court ruled in favor of the Revenue on both issues, denying the deductions claimed by the assessee. en-us Wed, 20 Oct 1993 00:00:00 +0530 Tue, 10 Nov 2009 16:22:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19919 The court upheld the decision to disallow foreign tour expenses as revenue expenses, considering them capital in nature due to their association with setting up new joint venture units. Consequently, the weighted deduction under section 35B was also denied to the assessee, as the expenses were deemed capital expenditure. The court ruled in favor of the Revenue on both issues, denying the deductions claimed by the assessee. Case-Laws Income Tax Wed, 20 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19919