https://www.taxtmi.com/caselaws?id=22846 The court ruled in favor of the Revenue for the interpretation of section 40(c)(iii)/40(a)(v) regarding benefits provided to employees. However, the court sided with the assessee on the applicability of the same section to overseas branches. Additionally, the court allowed the weighted deduction under section 35B for expenses on tea export from East Africa to the UK, rejecting the requirement that exports must originate from India for eligibility, thereby favoring the assessee. en-us Mon, 12 Dec 1988 00:00:00 +0530 Mon, 14 Dec 2009 15:09:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22846 The court ruled in favor of the Revenue for the interpretation of section 40(c)(iii)/40(a)(v) regarding benefits provided to employees. However, the court sided with the assessee on the applicability of the same section to overseas branches. Additionally, the court allowed the weighted deduction under section 35B for expenses on tea export from East Africa to the UK, rejecting the requirement that exports must originate from India for eligibility, thereby favoring the assessee. Case-Laws Income Tax Mon, 12 Dec 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22846