top of page

FIND ALL POSTS RELATED TO DSIR & DSIR Recognition

Search
  • Writer's pictureKamal Nandan

Income tax deduction u/s 35(2AB) can be invoked only if the R&D facility is in India

The Pune bench Income Tax Appellate Tribunal (ITAT) has held that deduction u/s 35(2AB) can allow only for expenditure incurred R&D facility in India. These deduction are provided to only those companies which have received DSIR recognition for their in-house R&D center.


20 views0 comments

Recent Posts

See All

Comments


bottom of page