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No denial of sec. 35(2AB) relief just because co. didn’t submit approval of exp. incurred on R & D facility

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  • No denial of sec. 35(2AB) relief just because co. didn’t submit approval of exp. incurred on R & D facility
Posted onon June 5, 2018

Tenet Tax Daily June 01 2018

By tenettax-team
Corporate Tax

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Tax mistakenly deposited couldn’t be retained by Govt. merely on ground that there was delay in claiming refund
Penalty proceedings couldn’t be initiated if assessment proceedings weren’t pending before AO

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