M/S TEJAS NETWORKS LIMITED vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, I proceed to pass the following:

Bench: The Hon’Ble Mr.Justice Aravind Kumar

house, research and development facility “as approved by the prescribed authority,” such assessee would be entitled to a deduction of a sum equal to one and half times of the expenditure so incurred. The word “Scientific Research” has been defined under sub- section (4) of Section 43 of the Act, which is extracted supra and same would indicate expenditure incurred

PRAKASH V SANGHVI vs. MR RAMESH G

In the result, petition is allowed in part