https://www.taxtmi.com/caselaws?id=21689 The High Court of GUJARAT ruled against a partnership firm's entitlement to weighted deduction under section 35B of the Income-tax Act, 1961 for certain expenditure related to its export business. The Court upheld the Tribunal's decision to disallow specific items of expenditure incurred in India, emphasizing that relief under section 35B only applied to certain foreign expenses, not all incurred by the firm. The judgment clarified the scope of relief under section 35B and concluded the legal proceedings without awarding costs to either party. en-us Mon, 16 Dec 1991 00:00:00 +0530 Thu, 26 Nov 2009 17:24:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21689 The High Court of GUJARAT ruled against a partnership firm's entitlement to weighted deduction under section 35B of the Income-tax Act, 1961 for certain expenditure related to its export business. The Court upheld the Tribunal's decision to disallow specific items of expenditure incurred in India, emphasizing that relief under section 35B only applied to certain foreign expenses, not all incurred by the firm. The judgment clarified the scope of relief under section 35B and concluded the legal proceedings without awarding costs to either party. Case-Laws Income Tax Mon, 16 Dec 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21689