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2006 (9) TMI 164 - HC - Income TaxTribunal allowed weighted deduction u/s 35B in respect of subscription to hosiery exporters association and to export promotion council, salary & bonus, packing credit interest etc. – AO contend that claim for weighted deduction is admissible only if the expenditure is incurred for the purpose of export & not admissible only on the ground that it was part of business expenditure - CIT & ITAT have not gone into the correctness of findings recorded by AO – matter remanded
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