Motor cars expenses unrelated to research & development is not eligible for deduction u/s.35(2AB)

IN THE ITAT AHMEDABAD BENCH ‘A’ ACIT v.  Torrent Pharmaceuticals Ltd. IT APPEAL NOS. 1869 & 1881 (AHD.) OF 2009 [ASSESSMENT YEAR 2005-06] MAY 31, 2012 ORDER Kul Bharat, Judicial Member  These are cross-appeals – one filed by the Revenue and another filed by the assessee are directed against the common order of Ld. Commissioner of Income-tax (Appeals)-XIV, Ahmedabad dated 27-03-2009 for the assessment year 2005-06. First we take up Revenue’s appeal in ITA No.1869/Ahd/2009. 2. The Revenue has raised following grounds of appeal:- “1.  The Ld....