https://www.taxtmi.com/caselaws?id=59031 The Tribunal partly allowed the assessee's appeal, granting relief on claims related to weighted allowance under Section 35B for specific expenses and interest on borrowed capital for hotel construction. The departmental appeal was dismissed. The Tribunal directed a reconsideration of expenses for foreign agents' visits to India and allowed the interest claimed by the assessee for business purposes, emphasizing the integrated nature of the tourism business. en-us Tue, 22 Mar 1983 00:00:00 +0530 Thu, 23 Dec 2010 16:22:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59031 The Tribunal partly allowed the assessee's appeal, granting relief on claims related to weighted allowance under Section 35B for specific expenses and interest on borrowed capital for hotel construction. The departmental appeal was dismissed. The Tribunal directed a reconsideration of expenses for foreign agents' visits to India and allowed the interest claimed by the assessee for business purposes, emphasizing the integrated nature of the tourism business. Case-Laws Income Tax Tue, 22 Mar 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59031