https://www.taxtmi.com/caselaws?id=215397 The Tribunal allowed the deduction of Rs.141.21 lakhs for advances written off as a business loss, disallowed the deduction for investment in shares written off, and remitted the issue of R&D expenditure back to the assessing officer for further action. The appeal was partly allowed. en-us Wed, 29 Feb 2012 00:00:00 +0530 Sat, 04 Aug 2012 07:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215397 The Tribunal allowed the deduction of Rs.141.21 lakhs for advances written off as a business loss, disallowed the deduction for investment in shares written off, and remitted the issue of R&D expenditure back to the assessing officer for further action. The appeal was partly allowed. Case-Laws Income Tax Wed, 29 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215397