https://www.taxtmi.com/acts?id=8442 Amendment to Section 35 adds an enhanced deduction permitting an additional deduction for sums paid to a company for use in scientific research, conditional on the company being registered in India, having scientific research and development as its main object, being approved by the prescribed authority in the prescribed manner, and meeting other prescribed conditions; a complementary provision disallows deduction to an approved company for the referenced expenditure incurred after a specified cutoff date. The changes take effect from the Bill's commencement date. en-us Fri, 29 Feb 2008 19:58:59 +0530 Sat, 03 May 2008 10:03:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8442 Amendment to Section 35 adds an enhanced deduction permitting an additional deduction for sums paid to a company for use in scientific research, conditional on the company being registered in India, having scientific research and development as its main object, being approved by the prescribed authority in the prescribed manner, and meeting other prescribed conditions; a complementary provision disallows deduction to an approved company for the referenced expenditure incurred after a specified cutoff date. The changes take effect from the Bill's commencement date. Act-Rules Bills Fri, 29 Feb 2008 19:58:59 +0530 https://www.taxtmi.com/acts?id=8442