IT deduction allowed for DSIR recognised lab of Ecocat India
ITAT has allowed a whopping Rs. 13.37 Cr (approx.) of total R&D expense to be claimed u/s 35(2AB) of the IT Act for a DSIR recognised 'In-house R&D Center' of Ecocat India.
Read the complete news here : https://www.taxscan.in/relief-to-ecocat-india-itat-allows-income-tax-deduction-towards-in-house-research-and-developments/189912/