https://www.taxtmi.com/acts?id=49043 A deduction is allowed for expenditure on scientific research related to the assessee's business, including capital expenditure (excluding land) and revenue expenditure; pre commencement amounts within three years are deemed incurred in the commencement year when certified. In house R&D capital by eligible companies is deductible where approved; payments to approved research bodies for approved programmes are deductible subject to prescribed conditions and documentation, and deductions for assets preclude a duplicate depreciation claim. en-us Fri, 14 Feb 2025 16:26:04 +0530 Thu, 20 Feb 2025 17:26:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49043 A deduction is allowed for expenditure on scientific research related to the assessee's business, including capital expenditure (excluding land) and revenue expenditure; pre commencement amounts within three years are deemed incurred in the commencement year when certified. In house R&D capital by eligible companies is deductible where approved; payments to approved research bodies for approved programmes are deductible subject to prescribed conditions and documentation, and deductions for assets preclude a duplicate depreciation claim. Act-Rules Bills Fri, 14 Feb 2025 16:26:04 +0530 https://www.taxtmi.com/acts?id=49043