Scientific Research Expenses Deductible for Businesses u/s 35(1)(iv) of Income Tax Act.

Scientific Research Expenses Deductible for Businesses u/s 35(1)(iv) of Income Tax Act. https://www.taxtmi.com/highlights?id=16595 The expenditure in respect of the scientific research, even if it is capital in nature as it was incurred in relation to the business carried on by the assessee under Section 35(1)(iv) of the Act - the said expenditure is to be deducted - HC en-us Tue, 31 Dec 2013 11:19:05 +0530 Tue, 31 Dec 2013 11:19:05 +0530 TaxTMI RSS Generator Scientific Research Expenses Deductible for Businesses u/s 35(1)(iv) of Income Tax Act. https://www.taxtmi.com/highlights?id=16595 The expenditure in respect of the scientific research, even if it is capital in nature as it was incurred in relation to the business carried on by the assessee under Section 35(1)(iv) of the Act - the said expenditure is to be deducted - HC Highlights Income Tax Tue, 31 Dec 2013 11:19:05 +0530 https://www.taxtmi.com/highlights?id=16595