Disallowance Under Section 35(2AB) Beyond Scope of Limited Scrutiny Without Prior CIT Approval Is Unsustainable
Disallowance Under Section 35(2AB) Beyond Scope of Limited Scrutiny Without Prior CIT Approval Is Unsustainable Issue Whether the Assessing Officer (AO) exceeded the permissible scope of ‘Limited Scrutiny’ by making a disallowance under Section 35(2AB) regarding in-house R&D expenditure when the notice was specifically issued only for ‘Duty Drawback’ and ‘Deduction on Account of Donation… Read More »