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  • Kamal Nandan

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/

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Do you want to understand the context as well as the overview of DSIR recognition? Well, this article will help you for sure: https://yourstory.com/mystory/ee4a1160ef-dsir-recognition-the/amp