https://www.taxtmi.com/caselaws?id=763271 ITAT Ahmedabad ruled in favor of the assessee regarding disallowance under section 35(2AB) for scientific research expenditure on in-house R&D facility. The court held that prior to 01.04.2016, DSIR quantification of eligible expenditure was not mandatory for claiming deduction. Revenue authorities incorrectly restricted deduction based on DSIR-quantified amount rather than actual expenditure incurred. The assessee was entitled to 200% deduction on actual expenditure for scientific research on approved in-house R&D facility under section 35(2AB). en-us Tue, 04 Jun 2024 00:00:00 +0530 Tue, 17 Dec 2024 08:42:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763271 ITAT Ahmedabad ruled in favor of the assessee regarding disallowance under section 35(2AB) for scientific research expenditure on in-house R&D facility. The court held that prior to 01.04.2016, DSIR quantification of eligible expenditure was not mandatory for claiming deduction. Revenue authorities incorrectly restricted deduction based on DSIR-quantified amount rather than actual expenditure incurred. The assessee was entitled to 200% deduction on actual expenditure for scientific research on approved in-house R&D facility under section 35(2AB). Case-Laws Income Tax Tue, 04 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763271