https://www.taxtmi.com/caselaws?id=292062 The Tribunal allowed the weighted deduction at 200% of scientific research expenses for the assessee, engaged in animal feed and veterinary drugs, for assessment years 2013-14 and 2014-15. The rejection of the deduction by the AO and CIT(A) was overturned as the absence of Form No.3CL was deemed irrelevant prior to the amendment on 1/7/2016. The Tribunal emphasized that DSIR approval sufficed for the claim, directing the AO to allow the deduction without requiring Form No.3CL verification from the assessee's books of accounts. en-us Thu, 12 Sep 2019 00:00:00 +0530 Sat, 05 Dec 2020 12:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292062 The Tribunal allowed the weighted deduction at 200% of scientific research expenses for the assessee, engaged in animal feed and veterinary drugs, for assessment years 2013-14 and 2014-15. The rejection of the deduction by the AO and CIT(A) was overturned as the absence of Form No.3CL was deemed irrelevant prior to the amendment on 1/7/2016. The Tribunal emphasized that DSIR approval sufficed for the claim, directing the AO to allow the deduction without requiring Form No.3CL verification from the assessee's books of accounts. Case-Laws Income Tax Thu, 12 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292062