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of <h1>Scientific Research Program Approved for Propylene Oxide and Acrylates under Income-tax Act Section 35(2A)</h1> A scientific research program has been approved under sub-section (2A) of section 35 of the Income-tax Act, 1961. The program involves pilot plant work on producing Propylene Oxide from propylene and Acrylates from Acrylonitrile. It is sponsored by an Indian petrochemical corporation in Baroda and conducted at the National Chemical Laboratory in Poona. The duration for Propylene Oxide is from April 1, 1974, to March 31, 1976, with a cost of Rs. 2,34,500, while Acrylates is from April 1, 1974, to March 31, 1977, costing Rs. 5,66,000. The laboratory is approved under section 10(2)(xiii) of the Income-tax Act, 1922.
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