HAMILTON HOUSEWARES PRIVATE LIMITED,DAMAN & DIU vs. PR. COMMISSIONER OF INCOME TAX, VALSAD
In the result, appeal filed by the assessee is allowed
ITA 163/SRT/2022[2017-18]Status: DisposedITAT Surat31 May 2023AY 2017-18
Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.163/Srt/2022 "नधा"रण वष"/Assessment Year: (2017-18) (Virtual Hearing) Hamilton Houseware Pvt. Ltd., Vs. The Pcit, Valsad. Plot No.49/50, Danydyog Industrial Estate, Piparia 396230, Dadra & Nagar Haveli. (Appellant) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aabcd1683Q
Section 115JSection 143(3)Section 263Section 35Section 80GSection 80I
80G of the I.T Act of Rs.5,00,000/-.
3. On perusal of the assessment records for the year under consideration. It is observed that the assessee company had claimed deduction Rs.19,84,38,114/- for AY. 2017-18 on account of deduction u/s 35(2AB) of the I.T. Act for Scientific
Research being 200 percent of Rs.9
