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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Weighted deduction u/s 35(2AB) - clinical trials conducted ...


Court Allows Deductions for Clinical Trials Outside Facility u/s 35(2AB) of Income Tax Act.

December 17, 2018

Case Laws     Income Tax     AT

Weighted deduction u/s 35(2AB) - clinical trials conducted outside the ‘in-house R & D facility’ - such expenditure has to be necessarily spent outside the facility, but for the purpose of ‘in -house’ research - claim of the assessee allowed.

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