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of <h1>Partners Can Deduct Contributions to Scientific Research u/s 35 If Profits Include Business Income.</h1> A partner in a registered firm is entitled to a deduction under Section 35 of the Income-tax Act, 1961, for contributions made to approved Scientific Research Institutions from their share of profits. However, this deduction is only applicable if the partner's share includes income chargeable under 'Profits and gains of business or profession.' If the partner's share does not include such income, the deduction is not permissible. This clarification should be communicated to all relevant officers for compliance.
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