1996 (4) TMI 9 - SCH - Income Tax

Weighted Deduction - expense incurred on maintaining the branch in Malaysia for promotion of sales of his products - entitled to weighted deduction under section 35B

Summary

The Supreme Court dismissed the appeals regarding expenses incurred for maintaining a branch in Penang, Malaysia for sales promotion, holding it falls under section 35B of the Income-tax Act. No costs awarded. (1996 (4) TMI 9 - SC)