https://www.taxtmi.com/acts?id=50839 An Explanation deems certain pre commencement research expenditure incurred within the three years before business commencement to be expended in the year of commencement if certified by the prescribed authority. A new sub section allows an enhanced deduction equal to one and one third times sums paid to eligible research institutions for programmes approved by the prescribed authority, and bars any duplicate deduction under the ordinary research deduction provision for the same sum in the same or any other assessment year. en-us Wed, 16 Apr 2025 14:17:19 +0530 Wed, 16 Apr 2025 14:17:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50839 An Explanation deems certain pre commencement research expenditure incurred within the three years before business commencement to be expended in the year of commencement if certified by the prescribed authority. A new sub section allows an enhanced deduction equal to one and one third times sums paid to eligible research institutions for programmes approved by the prescribed authority, and bars any duplicate deduction under the ordinary research deduction provision for the same sum in the same or any other assessment year. Act-Rules F. Acts / Amendment Acts Wed, 16 Apr 2025 14:17:19 +0530 https://www.taxtmi.com/acts?id=50839