Tag Archives: Scientific Research Expenses

No disallowance of Expenses because benefit of research were not shown

By | November 7, 2016

Held The disallowance cannot be made only on the ground that results of the research were not shown by the assessee during the year under consideration. The benefit of research may or may not yield in the year under consideration. But, that would not determine allowability of the expenses or otherwise. Thus, taking into account… Read More »