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2014 (2) TMI 1111 - AT - Income TaxDisallowance of 'in- house Research and Development activities' and capital expenditure of R&D – Held that:- As per the powers and duties of the employees Scientists B to G level are entrusted with work related to policy making formulation and implementation of plan segments in the field of scientific and industrial research and Scientist-G is specifically delegated for exercising powers of Head of the Department as the Secretary – thus, there is no reason not to accept the certificate given by 'Scientist-G' just because it is not signed as 'Secretary, DSIR' - the authorities are directed to accept the certificate and allow the claim as made by the assessee – Decided in favour of Assessee. 100% depreciation on pollution control equipment – Held that:- The findings of the CIT(A) is upheld - Since the assessee has installed pollution control equipment, as per Appendix-III of the new depreciation schedule, assessee is entitled for depreciation at 100% on the assets capitalized before 30th September and 50% on the balance of the capitalized installed after 30th September – Decided against Revenue.
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