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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Weighted deduction u/s 35(2AB) - the entire claim of weighted ...

February 5, 2020

Case Laws     Income Tax     AT

Weighted deduction u/s 35(2AB) - the entire claim of weighted deduction claimed by the assessee cannot be acceded to over and above the restriction made by the DSIR. CIT(A) has rightly directed the Assessing Officer to allow the correct amount of deduction u/s 35(2AB) after taking note of the DSIR certificate

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