THE COMMISSIONER OF INCOME TAX vs. M/S MICROLABS LTD
The appeal is dismissed
ITA/471/2015HC Karnataka11 Mar 2016
Bench: B.V.NAGARATHNA,JAYANT PATEL
Section 14ASection 154Section 260Section 35
920. What is now to
be examined is the guidelines of DSIR, which
the prescribed authority u/s.35(2AB)(3) & (4)
of the Act, has to follow before granting
approval of the scientific research carried out
by the assessee as eligible for deduction u/s.35
(2AB). A copy of the guidelines of DSIR is at
pages 27 to 33 of assessee
