Deduction for scientific research permits capital and revenue research expenditure and approved payments to research institutions to be deducted.

A deduction is allowed for expenditure on scientific research related to the assessee's business, including capital expenditure (excluding land) and revenue expenditure; pre commencement amounts within three years are deemed incurred in the commencement year when certified. In house R&D capital by eligible companies is deductible where approved; payments to approved research bodies for approved programmes are deductible subject to prescribed conditions and documentation, and deductions for assets preclude a duplicate depreciation claim.

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