1981 (9) TMI 153

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....s. 1,40,60,032. The percentage of the export sales to the total sales was about 19 per cent. 3. The ld. Reps. of both the sides accepted before us that their respective stands and submissions were only those which had been considered in order of the Special Bench of Tribunal in the case of J. Hemchand & Co. for our part, are in agreement with the reasoning and conclusion adopted in the said order and shall decide the relevant issue in the case of the assessee accordingly. 4. One of the contentions of the assessee is that the CIT (A) erred in holding that the following items of expenditure did not qualify for the relief under s. 35B: .. . Rs. (i) Steamer freight 2,94,903.89 (ii) Groundnut extraction . . survey at docks 115.0....

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....eal. The admission of the relevant ground was opposed by the ld. Deptl. Rep., but having regard to the force of the above mentioned point of the assessee, we admit the ground of appeal. Expenses proportionately eligible for weighted deduction: Nature of exp. Total Proportionate Salaries 8,51,510 1,61,786 Bonus 25,276 4,802 Family Pension 12.215 2,320 Provident Fund 1,04,949 19,940 Rent 60,876 11,566 Miscellaneous expenses . . Electricity charges 20,737 3,940 Welfare 7,180 1,364 Water charges 19,066 3,622 Gratuity 1,23,136 23,395 Expenses fully eligible for weighted deduction: (I) Subscription to institutions who provide information for exports market: (i) The Central Organisation . . for Oil Trad....