https://www.taxtmi.com/acts?id=51576 A deduction is allowed for expenditure on scientific research related to the business, including capital (excluding land acquisition) and revenue expenditure, with pre commencement salaries, materials and capital expenditure within three years deemed to be incurred in the year of commencement if certified by the prescribed authority. Companies in biotech or manufacturing (not in Schedule XIII) may claim deductions for approved in house R&D subject to conditions and documentation; pharmaceutical research includes clinical trials, regulatory approvals and patent filing. Payments to approved research entities for approved programmes qualify, and finality on research characterization is vested in specified authorities. en-us Wed, 13 Aug 2025 18:53:43 +0530 Wed, 03 Sep 2025 16:48:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51576 A deduction is allowed for expenditure on scientific research related to the business, including capital (excluding land acquisition) and revenue expenditure, with pre commencement salaries, materials and capital expenditure within three years deemed to be incurred in the year of commencement if certified by the prescribed authority. Companies in biotech or manufacturing (not in Schedule XIII) may claim deductions for approved in house R&D subject to conditions and documentation; pharmaceutical research includes clinical trials, regulatory approvals and patent filing. Payments to approved research entities for approved programmes qualify, and finality on research characterization is vested in specified authorities. Act-Rules Income Tax Wed, 13 Aug 2025 18:53:43 +0530 https://www.taxtmi.com/acts?id=51576