https://www.taxtmi.com/caselaws?id=293626 The Tribunal partly allowed the appeal, remanding the issues of patent expenses and bogus purchases back to the Assessing Officer for proper verification and computation, while allowing the full claim under Section 35(2AB). The decision emphasized the importance of accurate classification and verification of expenses and deductions as per statutory provisions. en-us Fri, 26 Aug 2016 00:00:00 +0530 Mon, 10 Jan 2022 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293626 The Tribunal partly allowed the appeal, remanding the issues of patent expenses and bogus purchases back to the Assessing Officer for proper verification and computation, while allowing the full claim under Section 35(2AB). The decision emphasized the importance of accurate classification and verification of expenses and deductions as per statutory provisions. Case-Laws Income Tax Fri, 26 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293626