Dear Frens,
Pls help me understanding section 35 for scientic reserach deductions... m bit confused on it...need more understading :(
CA Ganesh Agarwala
(Audit Senior Manager)
(239 Points)
Replied 23 July 2012
dear sabia,
lets start the discussion,
first of all an assessee will be allowed a deduction of 100 % of exepneses in regard to expenses relating to salary and material used for the purpose of sceintific reasearch in the year of incorporation and expenses of immediate three previous years
cheers
ganesh agarwala
CAclubindia
