https://www.taxtmi.com/caselaws?id=197794 The Court declined to entertain the issue of depreciation on royalty paid by the Assessee Company and the deduction on capital expenditure for construction, citing previous favorable decisions for the Assessee. However, the Court admitted the appeal regarding the deduction under section 35(2AB) for expenditure on developing new products for Glenmark Pharmaceuticals Inc. USA, for further consideration and decision. en-us Mon, 11 Feb 2013 00:00:00 +0530 Tue, 16 Jan 2018 10:46:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197794 The Court declined to entertain the issue of depreciation on royalty paid by the Assessee Company and the deduction on capital expenditure for construction, citing previous favorable decisions for the Assessee. However, the Court admitted the appeal regarding the deduction under section 35(2AB) for expenditure on developing new products for Glenmark Pharmaceuticals Inc. USA, for further consideration and decision. Case-Laws Income Tax Mon, 11 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197794