S. 35(2AB) Allowability of Expenditure on clinical drug trial incurred outside

HIGH COURT OF GUJARAT Commissioner of Income-tax versus Cadila Healthcare Ltd. TAX APPEAL NO. 752 of 2012 Date of Pronouncement – 20.03.2013 ORDER Akil Kureshi, J. Leave to amend the questions of law. Tax Appeal is admitted for consideration of following substantial questions of law: “A. Whether the Appellate Tribunal has substantially erred in holding that the legal and professional expenses incurred were for expansion or extension of business already in existence and not capital in nature, when the assessee incurred the said expenditure on expert opinion for manufact...