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2009 (1) TMI 242 - HC - Income TaxWeighted Deduction u/s 35B – Held that - in view of the admitted fact that as a major percentage of the goods advertised were in fact sold within India, it cannot be said that the expenditure was incurred wholly and exclusively for the sale of exported goods - the expenditure on fees paid for certificates of origin, legalisation of export documents and stamp fees on such documents would also not amount to expenditure on performance of services outside India or expenditure on activities for the promotion of sale outside India - export inspection charges, brokerage, insurance, bank charges and clearing charges are not entitled to weighted deduction - printing and stationery and rent for teleprinter and direct telephone lines, is merely normal business expenditure - that fees paid to the Registrar of Companies amounts to a capital expenditure - expenditure had been incurred on obtaining market survey for setting up of a new unit of manufacturing, the said expenditure amounted to capital expenditure – assessee not entitled for weighted deduction u/s 35B
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