1988 (11) TMI 44

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....I J.-The matter here concerns the claim of the assessee-firm, Chaman Silk Mills, Amritsar, for weighted deduction under section 35B of the Income-tax Act, 1961 (hereinafter referred to as "the Act"), in respect of the payment of Rs. 14,083 made to Surinder Pal Bansal, during the assessment year 1977-78. The said Shri Surinder Pal Bansal was the assessee's travelling agent who was responsible fo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... goods, etc., constitutes performance of service in connection with, or incidental to, the execution of the contract for the supply of the goods, etc., outside India for purpose of and within the meaning of sub-clause (viii) of clause (b) of sub-section (1) of section 35B of Income-tax Act, 1961 ? (2) Whether, on the facts and in the circumstances of the case, the Appellate Tribunal is right in....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....allowance" is in the nature of a subsidy designed to provide more deduction than the deduction normally allowed under section 37 of the Act with a view to give impetus to export potential. The expenditure relatable only to export of goods is eligible for weighted deduction under this provision. Clause (b) of sub-section (1) enumerates the diverse sorts of expenditure eligible for deduction and the....