Madras H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was correct in law in holding that the assessee is entitled to weighted deduction under s. 35B on foreign travel, advertisement, foreign branch expenses, etc. though the assessee was only purchasing goods from China and selling the same in USA and no export of Indian goods was carried on ?
High Court Of Madras CIT vs. Gimpex (P) Ltd. Sections 35B, 56 V.S. Sirpurkar & K. Raviraja Pandian, JJ. Tax […]