2001 (2) TMI 11

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..... relates to the correct interpretation to be placed upon the provisions of section 35B and, therefore, is a question of law, the reference of which ought to have been called for by the High Court. - Civil Appeal No 7790 of 1997. - - - Dated:- 27-2-2001 - S. P. Bharucha, N. Santosh Hegde And Y. K. Sabharwal JJ. For the Appellant : M. L. Verma , Senior Advocate ( Rajiv Tyagi , B. V. Ba .....

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..... essee was entitled to weighted deduction under section 35B on expenses on sea freight of ₹ 12,65,266 and insurance charges of ₹ 1,46,109 incurred by the assessee whether in India or outside ? The question plainly relates to the correct interpretation to be placed upon the provisions of section 35B and, therefore, is a question of law, the reference of which ought to have been call .....

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