R&D Deduction Cannot Be Denied When Valid Approval Exists: ITAT Delhi

DCIT Vs ITW India Private Limited (ITAT Delhi) The appeal before the Income Tax Appellate Tribunal (ITAT) Delhi arose from an order dated 28.08.2025 passed by the Commissioner of Income Tax (Appeals) [CIT(A)] under Section 250 of the Income Tax Act, 1961. The dispute concerned the disallowance of a weighted deduction claimed under Section 35(2AB) for scientific research expenditure amounting to Rs. 1,91,97,051. The Assessing Officer (AO) disallowed the deduction on the ground that the assessee had not furnished the required approval in Form 3CM issued by the Department of Scientific & Indu...