Professional charges amp; rent payment linked to Ramp;D facility are eligible for weighted deduction u/s 35 (2AB): ITAT

INCOME TAX : Where assessee was disallowed weighted deduction under section 35(2AB) in respect of expenditure towards professional charges and rent payment incurred by assessee in respect of Ramp;D facility, since admittedly such expenditures were incurred by assessee and it was not disputed by revenue authorities, in interest of justice,INCOME TAX : Where assessee was disallowed weighted deduction under section 35(2AB) in respect of expenditure towards professional charges and rent payment incurred by assessee in respect of Ramp;D facility, since admittedly such expenditures were incurred by assessee and it was not disputed by revenue authorities, in interest of justice,www.taxmann.com Latest Case LawsRead More

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