Section 41(3) - Sale of Assets used for Scientific Research

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....ific Research Where any capital asset used in scientific research is sold without having been used for other purposes and the sale proceeds, together with the deduction allowed under section 35, exc....

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....ection shall apply as if the business is in existence in that previous year. * Section 41(3) is applicable only if an asset is sold without having been used for other purposes. If an asset which is ....