https://www.taxtmi.com/caselaws?id=202046 The High Court upheld the assessee's entitlement to claim a deduction for expenditure on scientific research related to their business activities, emphasizing that the definition of scientific research under section 43(4) is relevant to deciding the claim under section 35. The Court clarified that any research facilitating business expansion falls within the definition of scientific research, making the assessee eligible for the deduction under sections 35(1)(i) and (iv). The Court also ruled that the assessing authority, not the prescribed authority, has the power to decide on deduction claims for scientific research. The Revenue's appeal was rejected. en-us Mon, 04 Aug 2008 00:00:00 +0530 Mon, 17 Aug 2015 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202046 The High Court upheld the assessee's entitlement to claim a deduction for expenditure on scientific research related to their business activities, emphasizing that the definition of scientific research under section 43(4) is relevant to deciding the claim under section 35. The Court clarified that any research facilitating business expansion falls within the definition of scientific research, making the assessee eligible for the deduction under sections 35(1)(i) and (iv). The Court also ruled that the assessing authority, not the prescribed authority, has the power to decide on deduction claims for scientific research. The Revenue's appeal was rejected. Case-Laws Income Tax Mon, 04 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202046