Scientific research programme has been approved for the period specified below for the purpose of sub-section (2A) of section 35 of the Income-tax Act, 1961 - S.O.1649 - Income Tax Act, 1961
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Approval of scientific research programmes confirms tax incentive eligibility for listed agricultural and livestock projects. Approval is notified for four specified agricultural and livestock scientific research projects-each naming the sponsor (Asian Paints (India) Ltd.), the implementing institution (The Bharatiya Agro Industries Foundation, Uruli Kanchan), five year project durations with commencement dates, and estimated expenditures-thereby conferring eligibility under the tax incentive approval regime; the implementing institution is separately recorded as an approved research institution for tax purposes.
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.
Approval of scientific research programmes confirms tax incentive eligibility for listed agricultural and livestock projects.
Approval is notified for four specified agricultural and livestock scientific research projects-each naming the sponsor (Asian Paints (India) Ltd.), the implementing institution (The Bharatiya Agro Industries Foundation, Uruli Kanchan), five year project durations with commencement dates, and estimated expenditures-thereby conferring eligibility under the tax incentive approval regime; the implementing institution is separately recorded as an approved research institution for tax purposes.
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