https://www.taxtmi.com/caselaws?id=23445 The court ruled in favor of the assessee on all three issues, affirming that bad debts and depreciation qualify as expenditure eligible for weighted deduction under section 35C(1)(b) of the Income-tax Act. Additionally, the court allowed the deduction for the shortfall towards contribution to the pension fund for the assessment year 1973-74, recognizing it as a contribution on a definite basis under section 36(1)(iv) of the Act. en-us Wed, 11 Nov 1987 00:00:00 +0530 Sat, 19 Dec 2009 13:14:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23445 The court ruled in favor of the assessee on all three issues, affirming that bad debts and depreciation qualify as expenditure eligible for weighted deduction under section 35C(1)(b) of the Income-tax Act. Additionally, the court allowed the deduction for the shortfall towards contribution to the pension fund for the assessment year 1973-74, recognizing it as a contribution on a definite basis under section 36(1)(iv) of the Act. Case-Laws Income Tax Wed, 11 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23445