https://www.taxtmi.com/caselaws?id=248492 The Tribunal allowed the Assessee's appeals for deductions under Sections 35(2AB) and 35(1)(ii), directing verification and allowance of claims. The 5% ad hoc disallowance of business development expenditure for 2006-07 was upheld, with the Revenue's appeal dismissed. en-us Wed, 28 May 2014 00:00:00 +0530 Sat, 14 Jun 2014 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248492 The Tribunal allowed the Assessee's appeals for deductions under Sections 35(2AB) and 35(1)(ii), directing verification and allowance of claims. The 5% ad hoc disallowance of business development expenditure for 2006-07 was upheld, with the Revenue's appeal dismissed. Case-Laws Income Tax Wed, 28 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248492