https://www.taxtmi.com/caselaws?id=358947 ITAT (Pune) allowed the assessee's weighted deduction under s.35(2AB) despite non-receipt of Form No.3CM for three intervening years, holding that recognition by the prescribed authority suffices and the missing form is a procedural lapse not fatal to the claim; AO must verify expenditures but cannot deny deduction once facility is approved. The Tribunal also directed allowance of leave-encashment payments, finding s.43B(f) inapplicable after judicial invalidation of the amendment, so such payments remain trade liabilities, not statutory obligations. en-us Mon, 09 Apr 2018 00:00:00 +0530 Fri, 24 Oct 2025 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358947 ITAT (Pune) allowed the assessee's weighted deduction under s.35(2AB) despite non-receipt of Form No.3CM for three intervening years, holding that recognition by the prescribed authority suffices and the missing form is a procedural lapse not fatal to the claim; AO must verify expenditures but cannot deny deduction once facility is approved. The Tribunal also directed allowance of leave-encashment payments, finding s.43B(f) inapplicable after judicial invalidation of the amendment, so such payments remain trade liabilities, not statutory obligations. Case-Laws Income Tax Mon, 09 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358947