https://www.taxtmi.com/caselaws?id=386650 The Tribunal allowed the assessee's appeal by reversing the disallowance under section 35(2AB) for scientific research expenditure and directing the AO to allow higher depreciation. The disallowance under section 14A was remitted for verification. The Revenue's appeal was dismissed, upholding the CIT(A)'s directions on fresh claims and deletion of disallowance under Rule 8D(2)(ii). en-us Fri, 27 Sep 2019 00:00:00 +0530 Fri, 04 Oct 2019 11:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386650 The Tribunal allowed the assessee's appeal by reversing the disallowance under section 35(2AB) for scientific research expenditure and directing the AO to allow higher depreciation. The disallowance under section 14A was remitted for verification. The Revenue's appeal was dismissed, upholding the CIT(A)'s directions on fresh claims and deletion of disallowance under Rule 8D(2)(ii). Case-Laws Income Tax Fri, 27 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386650