1999 (9) TMI 43

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....s of law referred to us are as follows : "1. Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was correct in law in holding that the expenses relating to the execution of contracts already secured in prior periods abroad constituted expenses incurred on the maintenance of office abroad and entitled to weighted deduction under section 35B of the Act ? 2. Whet....

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....eign office. The Supreme Court in the case of CIT v. Stepwell Industries Ltd. [1997] 228 ITR 171 held that the customs duty cannot be allowed to be treated as an item of expenditure for the purpose of allowing weighted deduction under section 35B and the same reasoning would apply to sales tax also, which is a statutory liability. The transaction was an internal transaction between the petition....