https://www.taxtmi.com/caselaws?id=21430 Conflicting High Court interpretations on the scope of section 35B(1)(b)(iv) of the Income-tax Act, 1961, concerning weighted deduction, justified reference to the Supreme Court for an authoritative ruling. The Kerala High Court noted that its earlier view was not in accord with the Karnataka High Court's construction of the provision, creating a need for final clarification on the correct legal meaning. The matter was therefore certified as fit for appeal under section 261 of the Income-tax Act, 1961. en-us Fri, 06 Nov 1992 00:00:00 +0530 Tue, 24 Nov 2009 13:02:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21430 Conflicting High Court interpretations on the scope of section 35B(1)(b)(iv) of the Income-tax Act, 1961, concerning weighted deduction, justified reference to the Supreme Court for an authoritative ruling. The Kerala High Court noted that its earlier view was not in accord with the Karnataka High Court's construction of the provision, creating a need for final clarification on the correct legal meaning. The matter was therefore certified as fit for appeal under section 261 of the Income-tax Act, 1961. Case-Laws Income Tax Fri, 06 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21430