https://www.taxtmi.com/acts?id=50841 The amendment inserts a proviso to the sub-clause setting a specific salary deduction limit where salary paid to an employee or former employee engaged in scientific research is deemed, under the Explanation on research expenditure, to have been laid out in the previous year when the business is commenced; the limit for that previous year is to be computed by a prescribed monthly rate for each month or part thereof of the employee's employment in India during that previous year and for months of research engagement in the three years immediately preceding it. en-us Wed, 16 Apr 2025 14:18:03 +0530 Wed, 16 Apr 2025 14:18:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50841 The amendment inserts a proviso to the sub-clause setting a specific salary deduction limit where salary paid to an employee or former employee engaged in scientific research is deemed, under the Explanation on research expenditure, to have been laid out in the previous year when the business is commenced; the limit for that previous year is to be computed by a prescribed monthly rate for each month or part thereof of the employee's employment in India during that previous year and for months of research engagement in the three years immediately preceding it. Act-Rules F. Acts / Amendment Acts Wed, 16 Apr 2025 14:18:03 +0530 https://www.taxtmi.com/acts?id=50841