1998 (8) TMI 84 - HC - Income Tax

Summary

The High Court of Delhi ruled against the assessee in a case involving weighted deduction for expenses on packing, forwarding, and import license fee under section 35B(1)(b) of the Income-tax Act, 1961. The Tribunal's decision to allow the deductions was overturned as the expenses were not incurred outside India as required by the law. The judgment favored the Revenue.