https://www.taxtmi.com/caselaws?id=355008 The Tribunal partly allowed the appeal, directing the AO to allow the deduction under Section 80IB as claimed by the assessee and permitting the actual expenditure under Section 35(2AA) while disallowing the weighted deduction due to procedural non-compliance. The decision emphasized the importance of direct nexus in the allocation of expenses and adherence to procedural requirements for claiming deductions. en-us Thu, 28 Dec 2017 00:00:00 +0530 Thu, 08 Feb 2018 07:49:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355008 The Tribunal partly allowed the appeal, directing the AO to allow the deduction under Section 80IB as claimed by the assessee and permitting the actual expenditure under Section 35(2AA) while disallowing the weighted deduction due to procedural non-compliance. The decision emphasized the importance of direct nexus in the allocation of expenses and adherence to procedural requirements for claiming deductions. Case-Laws Income Tax Thu, 28 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355008