https://www.taxtmi.com/highlights?id=72742 Weighted deduction u/s. 35(2AB) - Any application for patent foreign country has to be filed in India as per section 7 of The Patent Act, 1970, according to patent cooperation treaty. - The Commissioner (Appeals) has rightly held that the said expenditure incurred by the assessee towards patent filing charges is eligible for weighted deduction u/s 35(2AB). - AT en-us Thu, 26 Oct 2023 16:38:11 +0530 Thu, 26 Oct 2023 16:38:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72742 Weighted deduction u/s. 35(2AB) - Any application for patent foreign country has to be filed in India as per section 7 of The Patent Act, 1970, according to patent cooperation treaty. - The Commissioner (Appeals) has rightly held that the said expenditure incurred by the assessee towards patent filing charges is eligible for weighted deduction u/s 35(2AB). - AT Highlights Income Tax Thu, 26 Oct 2023 16:38:11 +0530 https://www.taxtmi.com/highlights?id=72742