https://www.taxtmi.com/caselaws?id=411794 The Tribunal allowed the assessee's claim for weighted deduction under Section 35(2AB) for R&D expenses incurred in India and deduction under Section 35(1)(iv) for capital expenditure incurred outside India. The Tribunal held that the approval for the in-house R&D center should be considered from 1st April 2010 and not from the date of recognition. The appeal was partly allowed, granting relief to the assessee on various grounds, with the order providing a detailed analysis of the applicable provisions and guidelines. en-us Tue, 31 Aug 2021 00:00:00 +0530 Tue, 21 Apr 2026 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411794 The Tribunal allowed the assessee's claim for weighted deduction under Section 35(2AB) for R&D expenses incurred in India and deduction under Section 35(1)(iv) for capital expenditure incurred outside India. The Tribunal held that the approval for the in-house R&D center should be considered from 1st April 2010 and not from the date of recognition. The appeal was partly allowed, granting relief to the assessee on various grounds, with the order providing a detailed analysis of the applicable provisions and guidelines. Case-Laws Income Tax Tue, 31 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411794