https://www.taxtmi.com/caselaws?id=376773 The Tribunal upheld the denial of deduction under section 35(1) of the Act for capital expenditure on scientific research related to business due to the appellant's failure to maintain separate books of account for the Research & Development Unit. The Tribunal dismissed the appellant's request for rectification, emphasizing that the requirement for separate books of account for R&D facilities was essential for claiming the deduction. The Tribunal concluded that the appellant was attempting to review the judgment under the guise of rectification without demonstrating any mistake in the order. en-us Thu, 24 Jan 2019 00:00:00 +0530 Thu, 14 Mar 2019 10:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376773 The Tribunal upheld the denial of deduction under section 35(1) of the Act for capital expenditure on scientific research related to business due to the appellant's failure to maintain separate books of account for the Research & Development Unit. The Tribunal dismissed the appellant's request for rectification, emphasizing that the requirement for separate books of account for R&D facilities was essential for claiming the deduction. The Tribunal concluded that the appellant was attempting to review the judgment under the guise of rectification without demonstrating any mistake in the order. Case-Laws Income Tax Thu, 24 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376773