Deductions

what is meaning of weighted deduction under section 35AD,35ccc,
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Any deduction under the Income Tax Law is called a "Weighted deduction" when the concerned provision prescribes a specified percentage of the expenditure being incurred as a deduction.

For example, specific weight of 150% or 1.5 times has been prescribed by the Section 35CCC of the Income Tax Act 1961 when any expenditure is made on notified agriculture extension projects by anyone. So if anyone expends Rs 100000 u/s 35CCC, he gets a benefit of allowing Rs 150000 from his taxable income.

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