https://www.taxtmi.com/caselaws?id=346190 The court ruled in favor of the petitioner, Maruti Suzuki India Ltd., determining that they are entitled to deductions under Section 35 (2AB) for R&D expenditure incurred at the Rohtak R&D Centre for AY 2011-12, 2012-13, and 2013-14. The Corrigendum issued by DSIR reducing the eligible R&D expenditure was deemed unsustainable and set aside. The court directed DSIR to provide fresh certification in Form 3CL for the Rohtak Centre, emphasizing the legislative intent of Section 35 (2AB) to promote innovation and R&D in India. The Income Tax Department was instructed to grant the consequential deductions. en-us Fri, 04 Aug 2017 00:00:00 +0530 Mon, 13 Nov 2017 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346190 The court ruled in favor of the petitioner, Maruti Suzuki India Ltd., determining that they are entitled to deductions under Section 35 (2AB) for R&D expenditure incurred at the Rohtak R&D Centre for AY 2011-12, 2012-13, and 2013-14. The Corrigendum issued by DSIR reducing the eligible R&D expenditure was deemed unsustainable and set aside. The court directed DSIR to provide fresh certification in Form 3CL for the Rohtak Centre, emphasizing the legislative intent of Section 35 (2AB) to promote innovation and R&D in India. The Income Tax Department was instructed to grant the consequential deductions. Case-Laws Income Tax Fri, 04 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346190