https://www.taxtmi.com/caselaws?id=393189 The Tribunal upheld the CIT(A)'s decision in dismissing the Revenue's appeal on all grounds, including disallowance of deduction under Section 35(2AB) for research and development expenditure, depreciation on electric installation, prior period expenses, foreign commission expenses, and product registration and professional fees on patents. The Tribunal found no infirmity in allowing these expenses as claimed by the assessee, and the assessee's cross-objection was also dismissed. en-us Wed, 04 Mar 2020 00:00:00 +0530 Mon, 08 Aug 2022 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393189 The Tribunal upheld the CIT(A)'s decision in dismissing the Revenue's appeal on all grounds, including disallowance of deduction under Section 35(2AB) for research and development expenditure, depreciation on electric installation, prior period expenses, foreign commission expenses, and product registration and professional fees on patents. The Tribunal found no infirmity in allowing these expenses as claimed by the assessee, and the assessee's cross-objection was also dismissed. Case-Laws Income Tax Wed, 04 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393189