https://www.taxtmi.com/caselaws?id=794304 ITAT Bangalore held that once an in-house research and development facility is approved by the prescribed authority, weighted deduction under section 35(2AB) is available for eligible expenditure incurred on that approved facility, even for amounts spent before the date stated in Form 3CM. The approval was treated as sufficient recognition of the facility, so the deduction was allowed from 01/04/2013 and not confined to expenditure incurred after 27/11/2013. It also held that, for the relevant year, Form 3CL did not restrict the deduction to the quantified amount because that control became relevant only from 01/07/2016. The disallowance was therefore set aside and the full eligible deduction allowed. en-us Mon, 29 Jun 2026 00:00:00 +0530 Fri, 03 Jul 2026 08:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794304 ITAT Bangalore held that once an in-house research and development facility is approved by the prescribed authority, weighted deduction under section 35(2AB) is available for eligible expenditure incurred on that approved facility, even for amounts spent before the date stated in Form 3CM. The approval was treated as sufficient recognition of the facility, so the deduction was allowed from 01/04/2013 and not confined to expenditure incurred after 27/11/2013. It also held that, for the relevant year, Form 3CL did not restrict the deduction to the quantified amount because that control became relevant only from 01/07/2016. The disallowance was therefore set aside and the full eligible deduction allowed. Case-Laws Income Tax Mon, 29 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794304