https://www.taxtmi.com/caselaws?id=57048 The Tribunal upheld the CIT(A)'s decision, allowing the deduction under section 35(2)(ia) of the Income Tax Act for a Private Limited Company operating a Nursing Home. The Tribunal determined that the company's activities were business-related, not professional, and constituted valid scientific research, specifically in the field of reducing high refractive error through experiments using an Excimer Laser Machine. It was concluded that the company met the criteria for the deduction without requiring approval from the prescribed authority under section 35(3). en-us Mon, 30 Sep 2002 00:00:00 +0530 Wed, 08 Dec 2010 11:05:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57048 The Tribunal upheld the CIT(A)'s decision, allowing the deduction under section 35(2)(ia) of the Income Tax Act for a Private Limited Company operating a Nursing Home. The Tribunal determined that the company's activities were business-related, not professional, and constituted valid scientific research, specifically in the field of reducing high refractive error through experiments using an Excimer Laser Machine. It was concluded that the company met the criteria for the deduction without requiring approval from the prescribed authority under section 35(3). Case-Laws Income Tax Mon, 30 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57048