Disallowance of weighted deduction u/s 35(2AB) - non receipt of ...
Weighted Deduction for R&D u/s 35(2AB) Not Denied Due to Missing Form 3CM; Considered Procedural Lapse.
April 21, 2018
Case Laws Income Tax AT
Disallowance of weighted deduction u/s 35(2AB) - non receipt of form No.3CM - expenditure incurred on Research & Development activity - The non receipt of form No.3CM for the intervening three years is at best a procedural lapse and is not fatal for denial of claim of deduction under section 35(2AB) of the Act. - AT
View Source