S. 35(2AB)(1) ‘Drug trials’ expenditure on outside trial cannot be disallowed as trials can be carried in outside labs only

IN THE ITAT AHMEDABAD BENCH ‘A’ Cadila Healthcare Ltd. Versus Additional Commissioner of Income-tax IT APPEAL NO. 2902 (AHD.) OF 2011 [ASSESSMENT YEAR 2007-08] JANUARY 24, 2013 ORDER A.K. Garodia, Accountant Member This is assessee’s appeal directed against the assessment order passed by the A.O. u/s 143(3) read with Section 144C of the Income tax Act, 1961 dated 24.10.2011 for the assessment year 2007-08 as per the direction of DRP, Ahmedabad dated 27.09.2011. 2. Ground No.1 of the appeal is as under: “1.  That the learned Assessing Officer erred in l...