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2003 (3) TMI 90 - HC - Income Tax"Whether, on the facts and in the circumstances of the case, the Tribunal was right in allowing the assessee's claim of deduction of Rs. 19,17,820 on account of amount paid by the State Bank of India to its subsidiaries towards opening of new branches?" - "Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the assessee's claim for deduction under section 35B of the Act in respect of its foreign branches is allowable - the above quoted question is answered in the affirmative, i.e., in favour of the assessee-bank and against the Department.
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