https://www.taxtmi.com/manuals?id=1095 Expenditure on scientific research qualifies for one hundred percent deduction where revenue or capital outlays are related to the taxpayer's business, with capital deduction excluding land and assets claimed thereunder barred from depreciation. Payments to approved research entities or companies for research, and approved in house research facilities, are deductible at one hundred percent subject to prescribed authority approval, required forms, account and audit conditions, and preservation of deductibility when institutional approval is later withdrawn. en-us Tue, 15 Sep 2015 10:44:00 +0530 Wed, 06 Mar 2024 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1095 Expenditure on scientific research qualifies for one hundred percent deduction where revenue or capital outlays are related to the taxpayer's business, with capital deduction excluding land and assets claimed thereunder barred from depreciation. Payments to approved research entities or companies for research, and approved in house research facilities, are deductible at one hundred percent subject to prescribed authority approval, required forms, account and audit conditions, and preservation of deductibility when institutional approval is later withdrawn. Manuals Income Tax Tue, 15 Sep 2015 10:44:00 +0530 https://www.taxtmi.com/manuals?id=1095