https://www.taxtmi.com/caselaws?id=270246 The Tribunal upheld the Commissioner of Income-tax (Appeals) decision, ruling that the assessee was not entitled to the deduction under section 35(2AB) of the Income Tax Act due to the absence of requisite approval from the prescribed authority, Department of Scientific & Industrial Research. The appeal was dismissed, affirming that approval in Form 3CM signed by the Secretary to the Government of India was mandatory for claiming the deduction. The decision was rendered in open court on 13th November 2015 in Chennai. en-us Fri, 13 Nov 2015 00:00:00 +0530 Mon, 08 Aug 2022 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270246 The Tribunal upheld the Commissioner of Income-tax (Appeals) decision, ruling that the assessee was not entitled to the deduction under section 35(2AB) of the Income Tax Act due to the absence of requisite approval from the prescribed authority, Department of Scientific & Industrial Research. The appeal was dismissed, affirming that approval in Form 3CM signed by the Secretary to the Government of India was mandatory for claiming the deduction. The decision was rendered in open court on 13th November 2015 in Chennai. Case-Laws Income Tax Fri, 13 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270246