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2011 (2) TMI 66 - HC - Income Tax
Research and development expenditure deduction under Section 35 (2AB) of the Income Tax Act - entire expenditure incurred by the assessee on development of facility, if approved, has to be allowed for the purpose of weighted deduction - facility is approved, the entire expenditure so incurred on development of R&D facility has to be allowed for weighted deduction as provided by Section 35(2AB) – Appeal dismissed