https://www.taxtmi.com/caselaws?id=194945 The Tribunal dismissed the Revenue's appeal challenging non-compliance with Section 250(1) and 250(2) of the IT Act, finding the Assessing Officer had been given notice and opportunity. Additionally, the Tribunal upheld the deletion of a deduction claimed under Section 35(1)(iv) of the Act, emphasizing that scientific research expenses for business purposes qualify for deduction. The Tribunal cited precedents supporting its decision. The assessee's cross-objection was considered academic and dismissed as the Tribunal affirmed the impugned order. Ultimately, both the Revenue's appeal and the assessee's cross-objection were dismissed by the Tribunal. en-us Tue, 19 Nov 2013 00:00:00 +0530 Sat, 07 Oct 2017 15:22:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194945 The Tribunal dismissed the Revenue's appeal challenging non-compliance with Section 250(1) and 250(2) of the IT Act, finding the Assessing Officer had been given notice and opportunity. Additionally, the Tribunal upheld the deletion of a deduction claimed under Section 35(1)(iv) of the Act, emphasizing that scientific research expenses for business purposes qualify for deduction. The Tribunal cited precedents supporting its decision. The assessee's cross-objection was considered academic and dismissed as the Tribunal affirmed the impugned order. Ultimately, both the Revenue's appeal and the assessee's cross-objection were dismissed by the Tribunal. Case-Laws Income Tax Tue, 19 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194945