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2024 (2) TMI 827 - AT - Income TaxDeduction of research and development expenses claimed u/s 35(2AB) - weighted deduction - whether the expenditure claimed by the assessee is required to be approved by the DSIR? - HELD THAT:- So far issue related to approval by the DSIR there is no quarrel in the year under appeal. The only dispute is whether the expenditure claimed by the assessee ought to have been allowed in totality dehors allowance of the expenditure restricted by the DSIR. We, in the light of the above decision of CLARIS LIFESCIENCES LTD. [2008 (8) TMI 579 - GUJARAT HIGH COURT] direct the AO to verify the correctness of the claim of the actual expenses incurred by the assessee in respect of scientific research in-house research and development facility. If the claim of assessee is found to be correct he would delete the impugned disallowance of expenditure. The ground raised by the assessee is allowed for statistical purposes.
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