1982 (4) TMI 3

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....J.-In this group of cases the assessees are engaged in export business. The dispute is in regard to the assessees claim for weighted deduction in respect of salary and other expenses under s. 35B of the I.T. Act, 1961. So far as salary expenses are concerned for the purposes of s. 35B of the Act, the claim has been accepted by the Income-tax Appellate Tribunal to the extent of 75 per cent. This ha....

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.... in the aforesaid case. The learned counsel for the Department produced before us that circular. We find that the CBDT has by its circular dated December .28, 1981, accepted the decision in so far as the question of allowability of weighted deduction under s. 35B of the Act is concerned. It has, however, not accepted the apportionment of the claim at 75 per cent. It is none the less Conscious o....