Deductibility tied to certificate compliance and inclusion of payments to notified rural development funds under tax rules. Amendment requires the assessee to furnish the certificate specified under the related research and development certification provision from the relevant association or institution as a condition for claiming the deduction, and expressly includes sums paid to a notified rural development fund set up by the Central Government for specified statutory purposes as deductible.
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Provisions expressly mentioned in the judgment/order text.
Deductibility tied to certificate compliance and inclusion of payments to notified rural development funds under tax rules.
Amendment requires the assessee to furnish the certificate specified under the related research and development certification provision from the relevant association or institution as a condition for claiming the deduction, and expressly includes sums paid to a notified rural development fund set up by the Central Government for specified statutory purposes as deductible.
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