https://www.taxtmi.com/caselaws?id=178459 The Tribunal ruled in favor of the assessee in a case involving a dispute over the change in accounting method for recognizing export benefits and the disallowance of Research and Development (RandD) expenses claimed under Section 35(1)(iv) of the Act. The Tribunal held that the change in accounting method was bonafide and directed the Assessing Officer to accept the revised return. Additionally, the Tribunal directed the A.O. to allow the total RandD expenses claimed by the assessee. en-us Wed, 10 Sep 2008 00:00:00 +0530 Fri, 05 Feb 2016 12:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178459 The Tribunal ruled in favor of the assessee in a case involving a dispute over the change in accounting method for recognizing export benefits and the disallowance of Research and Development (RandD) expenses claimed under Section 35(1)(iv) of the Act. The Tribunal held that the change in accounting method was bonafide and directed the Assessing Officer to accept the revised return. Additionally, the Tribunal directed the A.O. to allow the total RandD expenses claimed by the assessee. Case-Laws Income Tax Wed, 10 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178459