https://www.taxtmi.com/caselaws?id=56714 The ITAT partly allowed the assessee's appeal by confirming the deletion of extra profit addition and allowing weighted deduction claims under section 35B for specified items. Disallowance of expenses on Sea and Air Freight, Insurance, Packing and Forwarding was upheld. The ITAT also allowed weighted deduction for expenses on foreign tour, samples, and commission, while confirming disallowance of claim for inland traveling and miscellaneous expenses. The taxation of cash assistance was upheld. The revenue's appeal was dismissed, with the ITAT providing detailed analysis and resolutions for each issue raised in the cross-appeals. en-us Tue, 14 Sep 1982 00:00:00 +0530 Mon, 06 Dec 2010 14:12:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56714 The ITAT partly allowed the assessee's appeal by confirming the deletion of extra profit addition and allowing weighted deduction claims under section 35B for specified items. Disallowance of expenses on Sea and Air Freight, Insurance, Packing and Forwarding was upheld. The ITAT also allowed weighted deduction for expenses on foreign tour, samples, and commission, while confirming disallowance of claim for inland traveling and miscellaneous expenses. The taxation of cash assistance was upheld. The revenue's appeal was dismissed, with the ITAT providing detailed analysis and resolutions for each issue raised in the cross-appeals. Case-Laws Income Tax Tue, 14 Sep 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56714