https://www.taxtmi.com/caselaws?id=21781 The High Court affirmed the decisions of the lower authorities, ruling that the assessee was not entitled to claim weighted deduction under section 35B of the Income-tax Act, 1961 for the disputed expenses incurred during the assessment years 1976-77 and 1977-78. The Court upheld the denial of weighted deduction for items such as packing, insurance, audit fees, and miscellaneous charges. The reference was answered in favor of the revenue authorities, concluding that the assessee's expenses did not qualify for the claimed allowance. en-us Wed, 11 Dec 1991 00:00:00 +0530 Sat, 28 Nov 2009 16:36:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21781 The High Court affirmed the decisions of the lower authorities, ruling that the assessee was not entitled to claim weighted deduction under section 35B of the Income-tax Act, 1961 for the disputed expenses incurred during the assessment years 1976-77 and 1977-78. The Court upheld the denial of weighted deduction for items such as packing, insurance, audit fees, and miscellaneous charges. The reference was answered in favor of the revenue authorities, concluding that the assessee's expenses did not qualify for the claimed allowance. Case-Laws Income Tax Wed, 11 Dec 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21781