Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1986 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1986 (2) TMI 130 - ITAT HYDERABAD-BExtract: .......ssessee firm. The Bombay Special Bench in J. Hemchand rsquo s case held that 75 per cent of the salary paid to the persons exclusively handling export business would be entitled for weighted deduction. We follow the same and hold that 75 per cent of Rs. 22,462.50 should be allowed for weighted deduction. In the result, the appeal is partly allowed.
|