https://www.taxtmi.com/caselaws?id=20448 The High Court ruled in favor of the assessee, affirming their entitlement to the weighted deduction under section 35B of the Income-tax Act, 1961, for the expenditure incurred on staff salaries and allowances in connection with the cement plant project in Kuwait. The Court emphasized that the expenditure need not be incurred outside India as long as it is related to the provision of goods and services outside the country. The decision clarified the interpretation of section 35B, highlighting the direct connection between the staff salaries expenditure and the tender preparation for the project. en-us Wed, 20 Oct 1993 00:00:00 +0530 Sat, 14 Nov 2009 10:40:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20448 The High Court ruled in favor of the assessee, affirming their entitlement to the weighted deduction under section 35B of the Income-tax Act, 1961, for the expenditure incurred on staff salaries and allowances in connection with the cement plant project in Kuwait. The Court emphasized that the expenditure need not be incurred outside India as long as it is related to the provision of goods and services outside the country. The decision clarified the interpretation of section 35B, highlighting the direct connection between the staff salaries expenditure and the tender preparation for the project. Case-Laws Income Tax Wed, 20 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20448