https://www.taxtmi.com/caselaws?id=32859 The High Court upheld the Appellate Tribunal's decision to reject the claim of the assessee-company for weighted deduction under section 35C of the Income-tax Act on expenses for distillation and transportation services provided to farmers, as well as on depreciation of distillation assets. The Court ruled in favor of the Tribunal, stating that the expenses on distillation and transportation services were not admissible for deduction under Section 35-C, based on previous judgments and findings. The Court also agreed that transportation services provided did not fall under the purview of Section 35-C. The case was disposed of with no orders as to costs. en-us Wed, 18 Mar 2009 00:00:00 +0530 Tue, 07 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32859 The High Court upheld the Appellate Tribunal's decision to reject the claim of the assessee-company for weighted deduction under section 35C of the Income-tax Act on expenses for distillation and transportation services provided to farmers, as well as on depreciation of distillation assets. The Court ruled in favor of the Tribunal, stating that the expenses on distillation and transportation services were not admissible for deduction under Section 35-C, based on previous judgments and findings. The Court also agreed that transportation services provided did not fall under the purview of Section 35-C. The case was disposed of with no orders as to costs. Case-Laws Income Tax Wed, 18 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32859