No Examination of Weighted Deduction claim u/s 35(2AB): ITAT confirms Revision Order [Read Order]

Weighted Deduction - claim - ITAT - Revision Order - taxscan

The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ), confirmed the Revision Order as there was no examination of weighted deduction claim under Section 35(2AB) of the Income Tax Act, 1961. The assessee, Maharashtra Hybrid Seeds Company Private Limited has filed the appeal challenging the revision order passed by the Principal Commissioner…

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