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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Claim of weighted deduction u/s.35(2AB) - The assessee has ...

Case Laws     Income Tax

December 6, 2019

Claim of weighted deduction u/s.35(2AB) - The assessee has furnished Form No.3CK to the Department of Scientific and Industrial Research(DSIR) but till date the approval of expenditure in form 3CL was not received by the department. - The AO is not permitted to grant the weighted deduction, when Rule prescribes to grant deduction on receipt Form 3CL.

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