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R&D expenditure which is approved by DSIR only would be eligible for weighted deduction
Case Law Details
- Case Name
- M/s Electronics Corpn. of India Ltd. Vs Asst. Commissioner of Income-tax (ITAT Hyderabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 200708
- Courts
- All ITAT, ITAT Hyderabad
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IN THE ITAT HYDERABAD BENCH ‘B’
Electronics Corpn. of India Ltd.
Versus
Assistant Commissioner of Income-tax
[ASSESSMENT YEAR 2007-08]
SEPTEMBER 25, 2012
ORDER
Smt. Asha Vijayaraghavan, Judicial Member
Both these appeals are cross appeals directed against the order of the CIT(A) dated 23.3.2011 for the assessment year 2007-08.
ITA NO. 1106/Hyd/2011 – appeal by the assessee
2. Facts of the case in relation to the issue in brief are that the assessee-company is a Central Public Sector Undertaking and is engaged in business of manufacture and sale of electronic goods and compone...



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