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2009 (7) TMI 31 - PUNJAB AND HARYANA HIGH COURTWeighted Deduction – Section 35B(1)(b) - The assessee, inter-alia, derived income from export and made a claim for weighted deduction under section 35B in respect of sea freight for transportation of the goods from India to their destination – held that the assessee will be not entitled to deduction under Clause (viii) in respect of claim specifically disallowed under Clause (iii) of section 35B (1) of the Act. – decided in favor of Revenue – ITAT order reversed.
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