66 results for “disallowance”+ Section 251(1)(a)clear
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In the result, the appeal is allowed, as indicated
Bench: SHRI A.D.JAIN (Vice President), SHRI KRINWANT SAHAY (Accountant Member)
1)(i) of the Act. The AO, vide notice dated 03.02.2021, issued u/s 142(1) of the Act, asked the assessee to furnish the details of the expenditure claimed; as to whether the expenditure had been made for in-house research, or paid to some outside agencies; that if the research was an in-house research, to specify the nature