Bench: Shri George Mathan & Shri Inturi Rama Rao
Section 35(2AB). In view of the above, the action of the ITA Nos.3500 &3538/2018 :- 8 -: assessing officer in denying the deduction u/s 35(2AB) with respect to the expenses not approved by DSIR to the tune of Rs.11,31,458/- is held to be legally valid and thus upheld’’. The order of the ld. CIT(A) is well reasoned