Scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961 - S.O.851 - Income Tax Act, 1961
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Scientific research programme approval under section 35(2A) enables tax-recognition for Primaquine process development sponsored by industry. Approval was granted for a scientific research programme to develop a process for Primaquine, sponsored by IDL Chemicals Ltd. and implemented by the Central Drug Research Institute, Lucknow, with stated commencement and anticipated completion dates and an estimated outlay; the implementing laboratory is a unit of the national research organisation with prior tax approval.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Scientific research programme approval under section 35(2A) enables tax-recognition for Primaquine process development sponsored by industry.
Approval was granted for a scientific research programme to develop a process for Primaquine, sponsored by IDL Chemicals Ltd. and implemented by the Central Drug Research Institute, Lucknow, with stated commencement and anticipated completion dates and an estimated outlay; the implementing laboratory is a unit of the national research organisation with prior tax approval.
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