https://www.taxtmi.com/caselaws?id=32862 The court rejected the claim for weighted deduction on various expenses under Section 35C, citing previous judgments disallowing deductions for certain services provided to cultivators and farmers. Additionally, the court denied depreciation on assets used for an Agricultural Research Centre. However, the court allowed weighted deduction on a fertilizer subsidy to farmers, deeming it eligible under Section 35C as akin to services related to fertilizer supply. The court upheld the ITAT decision, ruling in favor of the assessee on this issue. The reference was disposed of without costs. en-us Wed, 18 Mar 2009 00:00:00 +0530 Sat, 05 Sep 2009 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32862 The court rejected the claim for weighted deduction on various expenses under Section 35C, citing previous judgments disallowing deductions for certain services provided to cultivators and farmers. Additionally, the court denied depreciation on assets used for an Agricultural Research Centre. However, the court allowed weighted deduction on a fertilizer subsidy to farmers, deeming it eligible under Section 35C as akin to services related to fertilizer supply. The court upheld the ITAT decision, ruling in favor of the assessee on this issue. The reference was disposed of without costs. Case-Laws Income Tax Wed, 18 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32862