https://www.taxtmi.com/caselaws?id=798573 Capital expenditure on constructing a building used for scientific research related to the taxpayer's business is deductible in full in the year incurred under Section 35(1)(iv) read with Section 35(2), except expenditure attributable to land acquisition. Construction costs are not excluded merely because they relate to a building. Conditions concerning building cost, DSIR approval and Form 3CL apply to weighted deductions under Section 35(2AB) and do not restrict an actual deduction claimed under Section 35(1)(iv). Where the expenditure's capital character, genuineness, research use and business nexus are undisputed, the construction cost qualifies for deduction. en-us Thu, 27 Aug 2026 00:00:00 +0530 Wed, 09 Sep 2026 08:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798573 Capital expenditure on constructing a building used for scientific research related to the taxpayer's business is deductible in full in the year incurred under Section 35(1)(iv) read with Section 35(2), except expenditure attributable to land acquisition. Construction costs are not excluded merely because they relate to a building. Conditions concerning building cost, DSIR approval and Form 3CL apply to weighted deductions under Section 35(2AB) and do not restrict an actual deduction claimed under Section 35(1)(iv). Where the expenditure's capital character, genuineness, research use and business nexus are undisputed, the construction cost qualifies for deduction. Case-Laws Income Tax Thu, 27 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798573