https://www.taxtmi.com/caselaws?id=20021 Weighted deduction under section 35B was treated as admissible for commission paid in India to public sector undertakings for securing export orders, and for commission paid in Malaysia for maintenance of a foreign branch, but not for audit fees, which did not fall within qualifying export-related expenditure. The deduction under section 80G for donations to Viswamangal Trust was rejected. Carry forward and set-off of unabsorbed development rebate was allowed where no taxable income existed in the earlier year and reserve creation was therefore not required. Bonus liability was held deductible in the year in which it accrued as a statutory obligation, and not shifted to the later assessment year. en-us Mon, 30 Aug 1993 00:00:00 +0530 Wed, 11 Nov 2009 11:45:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20021 Weighted deduction under section 35B was treated as admissible for commission paid in India to public sector undertakings for securing export orders, and for commission paid in Malaysia for maintenance of a foreign branch, but not for audit fees, which did not fall within qualifying export-related expenditure. The deduction under section 80G for donations to Viswamangal Trust was rejected. Carry forward and set-off of unabsorbed development rebate was allowed where no taxable income existed in the earlier year and reserve creation was therefore not required. Bonus liability was held deductible in the year in which it accrued as a statutory obligation, and not shifted to the later assessment year. Case-Laws Income Tax Mon, 30 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20021