https://www.taxtmi.com/caselaws?id=58095 The Tribunal allowed the appeal partially, directing the Income-tax Officer to verify and allow the claim for weighted deduction on interest on packing credit in accordance with the Madhya Pradesh High Court's decision. The Tribunal emphasized that only interest on advances utilized for export purposes qualified for the deduction. The case was remanded for verification with the assessee undertaking to provide required bank certificates. en-us Mon, 04 Jan 1988 00:00:00 +0530 Fri, 17 Dec 2010 13:10:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58095 The Tribunal allowed the appeal partially, directing the Income-tax Officer to verify and allow the claim for weighted deduction on interest on packing credit in accordance with the Madhya Pradesh High Court's decision. The Tribunal emphasized that only interest on advances utilized for export purposes qualified for the deduction. The case was remanded for verification with the assessee undertaking to provide required bank certificates. Case-Laws Income Tax Mon, 04 Jan 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58095