Section 35(i)(ii) - sum paid to a scientific research association - weighted deduction of 1 1/3 times in the hands of contributors to sponsored research programmes approved by the prescribed authority u/s 35(2A).

Section 35(i)(ii) - sum paid to a scientific research association - weighted deduction of 1 1/3 times in the hands of contributors to sponsored research programmes approved by the prescribed authority u/s 35(2A). https://www.taxtmi.com/circulars?id=10385 Payments to approved scientific research associations, universities, colleges or institutions are deductible when approved by the prescribed authority, and contributors to authorised sponsored research programmes may claim a weighted deduction of one and one-third times; approval is time-limited and subject to periodic review, and Income-tax Officers must examine accounts for proper application of funds and refer deviations to the prescribed authority through the Board. en-us Tue, 04 Nov 1975 00:00:00 +0530 Fri, 17 Jun 2011 18:35:00 +0530 TaxTMI RSS Generator Section 35(i)(ii) - sum paid to a scientific research association - weighted deduction of 1 1/3 times in the hands of contributors to sponsored research programmes approved by the prescribed authority u/s 35(2A). https://www.taxtmi.com/circulars?id=10385 Payments to approved scientific research associations, universities, colleges or institutions are deductible when approved by the prescribed authority, and contributors to authorised sponsored research programmes may claim a weighted deduction of one and one-third times; approval is time-limited and subject to periodic review, and Income-tax Officers must examine accounts for proper application of funds and refer deviations to the prescribed authority through the Board. Circulars Income Tax Tue, 04 Nov 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10385