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2. Whether the Ld. CIT(A) was correct in holding that in order to avail up the deduction u/s 35(2AB) irrespective of the date of recognition and the cut off date mentioned in the certificate of the prescribed authority the existence of recognition is required?
3. That the appellant craves to add, delete or modify any of the grounds of appeal before or at the time of hearing.

1|Page M/s STP Ltd. A.Y. 2013-14

2|Page M/s STP Ltd. A.Y. 2013-14 "This is to inform that our R&D division at M6-9, Cuncolim Industrial Estate, Cuncolim, Selectee, Goa and Village-Sipaigachi, Post Office : Charpur, District: Hooghly, P.S.. Haripal, West Bengal is approved by Department of Scientific and Industrial Research (DSIR) vide their recognition certificate no. TU/IV-RD/3247/2011 dated 24.08.2011 and further by TU/IV-RD/3247/2013 dated 26.03.2013 valid up to 31.03.2016.
3.6 Hence as discussed above, the submission of the assessee is found unacceptable. No weighted deduction u/s 35(2AB) of the I.T. Act, 1961 is allowed to the assessee in respect of recurring and capital expenditure incurred at R&D unit Sipaigachi. The recurring and capital expenditure incurred at R&D unit at Sipaigachi are as follows:- 
     Recurring Expenditure                           :        Rs. 46,46,543/-
     Capital Expenditure                             :        Rs. 1,04,39,567/-

     Weighted deduction claimed u/s 35(2AB)          :       Rs.2,55,25,677/-
     in respect of R&D unit at Sipaigachi
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                                                                              M/s STP Ltd. A.Y. 2013-14
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(2) No deduction shall be allowed in respect of the expenditure mentioned in clause (1) under any other provision of this Act.
(3) No company shall be entitled for deduction under clause (1) unless it enters into an agreement with the prescribed authority for co-operation in such research and development facility and for audit of the accounts maintained for that facility.

4|Page M/s STP Ltd. A.Y. 2013-14 (4) The prescribed authority shall submit its report in relation to the approval of the said facility to the Principal Chief Commissioner or Chief Commissioner or Principal Director General or Director General in such form and within such time as may be prescribed. ......................................"