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2012 (5) TMI 305 - ITAT, MUMBAIDeduction u/s. 35(2AB) - weighted deduction - in-house research and development facility - held that:- expenditure on clinical trial though the same is an integral part of scientific research will be eligible for weighted deduction under section 35(2AB) only if the expenditure is incurred on an in-house research and development facility. The expenditure incurred on trial conducted outside the in-house R and D facility will not be eligible for weighted deduction under section 35(2AB). - Decision in the matter of Concept Pharmaceuticals (2010 (11) TMI 147 (Tri)) followed. - Decided against the assessee.
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