https://www.taxtmi.com/caselaws?id=792975 Delayed filing of Form No. 3CLA did not by itself defeat weighted deduction under section 35(2AB) where the assessee had otherwise satisfied the substantive conditions for an approved in-house R&D facility and the prescribed authority accepted the report; the delay was treated as a procedural lapse, so the disallowance was deleted. Cash deposits treated as unexplained money under section 69A were sustained because the assessee failed to substantiate the source. Advances to suppliers recorded in the books and routed through banking channels were not unexplained investment under section 69B, as they were trade advances later adjusted against purchases, so that addition was deleted. en-us Wed, 03 Jun 2026 00:00:00 +0530 Sat, 06 Jun 2026 08:42:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792975 Delayed filing of Form No. 3CLA did not by itself defeat weighted deduction under section 35(2AB) where the assessee had otherwise satisfied the substantive conditions for an approved in-house R&D facility and the prescribed authority accepted the report; the delay was treated as a procedural lapse, so the disallowance was deleted. Cash deposits treated as unexplained money under section 69A were sustained because the assessee failed to substantiate the source. Advances to suppliers recorded in the books and routed through banking channels were not unexplained investment under section 69B, as they were trade advances later adjusted against purchases, so that addition was deleted. Case-Laws Income Tax Wed, 03 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792975