Earlier-Year R&D Approval Claims Must Be Considered Despite Later Recognition: Delhi HC

Applied Research International Pvt. Ltd. Vs Secretary Department of Scientific And Industrial Research & Anr. (Delhi High Court)

The petition before the Delhi High Court challenged the respondents’ failure to favourably consider the petitioner’s applications dated 31.03.2016 and 30.03.2017 seeking recognition and approval of its Research and Development (R&D) facility under Section 35(2AB) of the Income Tax Act, 1961 for Financial Years (FY) 2015-16 and 2016-17.

The petitioner submitted that it had filed the requisite applications in March 2016 a

Please become a Premium member. If you are already a Premium member, login here to access the full content.