TMI BlogDeduction for scientific research and development allowanceX X X X Extracts X X X X X X X X Extracts X X X X ..... aining an in-house facility for scientific research and development; and (b) carrying out scientific research and development in the in-house facility. (2) The deduction under sub-section (1) shall be allowed if,- (a) the company creates and maintains an in-house facility for carrying out scientific research and development; (b) the research facility is approved by the Centr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar as may be, apply to the expenditure in respect of which deduction is not allowed under sub-section (4). (6) The Board may prescribe by rules the procedure for grant of approval by the prescribed authority. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - T ..... X X X X Extracts X X X X X X X X Extracts X X X X
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