https://www.taxtmi.com/caselaws?id=469793 Weighted deduction under section 35(2AB) was not available where the statutory conditions were unmet, including issuance of Form 3CL by the DSIR within the prescribed time; the disallowance was therefore sustained. The alternative claim for deduction of scientific research expenditure under section 35(1)(iv), section 37 or section 35(1)(i) had not been examined by the tax authorities and required factual and legal scrutiny at assessment, so it was restored for fresh consideration after hearing the assessee. The challenge to penalty initiation was not adjudicated as premature. en-us Mon, 10 Mar 2025 00:00:00 +0530 Fri, 03 Jul 2026 19:00:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469793 Weighted deduction under section 35(2AB) was not available where the statutory conditions were unmet, including issuance of Form 3CL by the DSIR within the prescribed time; the disallowance was therefore sustained. The alternative claim for deduction of scientific research expenditure under section 35(1)(iv), section 37 or section 35(1)(i) had not been examined by the tax authorities and required factual and legal scrutiny at assessment, so it was restored for fresh consideration after hearing the assessee. The challenge to penalty initiation was not adjudicated as premature. Case-Laws Income Tax Mon, 10 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469793