Weighted deduction u/s.35(2AB) - research & development expenses ...

Section 35(2AB): Form 3CL Doesn't Limit R&D Deduction for Lab and Clinical Trial Expenses Before July 1, 2016.

January 18, 2023

Case Laws Income Tax AT

Weighted deduction u/s.35(2AB) - research & development expenses incurred on laboratory & Clinical Trial - based on the binding effect of the various judicial rulings discussed herein above we are inclined to take a view that prior to 1.7.2016 Form 3CL does not certify the amount of deduction and therefore the same cannot be the reason for restricting the amount eligible for weighted deduction. - AT

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Weighted deduction u/s.35(2AB) - research & development expenses ...

Section 35(2AB): Form 3CL Doesn't Limit R&D Deduction for Lab and Clinical Trial Expenses Before July 1, 2016.

January 18, 2023

Case Laws Income Tax AT

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