Research Expenses Under Income Tax Act Sections 35 & 37 Cannot Be Denied Just Because Results Weren't Shown in Assessed Year.

Research Expenses Under Income Tax Act Sections 35 & 37 Cannot Be Denied Just Because Results Weren't Shown in Assessed Year. https://www.taxtmi.com/highlights?id=32052 Disallowance of research & development expense - disallowance u/s 35 & 37 - the disallowance cannot be made only on the ground that results of the research were not shown by the assessee during the year under consideration. - AT en-us Fri, 11 Nov 2016 11:18:15 +0530 Fri, 11 Nov 2016 11:18:15 +0530 TaxTMI RSS Generator Research Expenses Under Income Tax Act Sections 35 & 37 Cannot Be Denied Just Because Results Weren't Shown in Assessed Year. https://www.taxtmi.com/highlights?id=32052 Disallowance of research & development expense - disallowance u/s 35 & 37 - the disallowance cannot be made only on the ground that results of the research were not shown by the assessee during the year under consideration. - AT Highlights Income Tax Fri, 11 Nov 2016 11:18:15 +0530 https://www.taxtmi.com/highlights?id=32052