https://www.taxtmi.com/caselaws?id=275564 The Tribunal allowed the appeal, setting aside the disallowance of the deduction claimed under section 35(2AB) of the Income Tax Act. The decision emphasized the importance of adhering to prescribed procedures and documentation for claiming such deductions, highlighting the necessity for proper verification and compliance with statutory requirements to avail tax benefits for research and development activities. The case was remanded for further examination by the Assessing Officer. en-us Tue, 21 Apr 2015 00:00:00 +0530 Tue, 09 Oct 2018 06:49:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275564 The Tribunal allowed the appeal, setting aside the disallowance of the deduction claimed under section 35(2AB) of the Income Tax Act. The decision emphasized the importance of adhering to prescribed procedures and documentation for claiming such deductions, highlighting the necessity for proper verification and compliance with statutory requirements to avail tax benefits for research and development activities. The case was remanded for further examination by the Assessing Officer. Case-Laws Income Tax Tue, 21 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275564