https://www.taxtmi.com/caselaws?id=773028 Kerala HC held that a company incurring expenditure on scientific research in in-house R&D facility is eligible for 200% deduction under Section 35(2AB)(1) even if the work is in progress. The court ruled that the statute does not differentiate between completed work and work-in-progress for claiming benefits. Following precedents from Orissa HC and Madras HC, the court determined that benefits should be claimed in the year expenditure was incurred, not upon completion of work. The petitioner succeeded in claiming the deduction. en-us Thu, 06 Mar 2025 00:00:00 +0530 Tue, 17 Jun 2025 07:57:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773028 Kerala HC held that a company incurring expenditure on scientific research in in-house R&D facility is eligible for 200% deduction under Section 35(2AB)(1) even if the work is in progress. The court ruled that the statute does not differentiate between completed work and work-in-progress for claiming benefits. Following precedents from Orissa HC and Madras HC, the court determined that benefits should be claimed in the year expenditure was incurred, not upon completion of work. The petitioner succeeded in claiming the deduction. Case-Laws Income Tax Thu, 06 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773028