13 March 2016
Query!!
The following amounts are paid to approved scientific research association (CSIR-NAL)
1.fees for software development
2.Royalty charges
3.Purchase of some parts
Will deduction u/s 35(ii) will be available???
The assesse has income from PGBP
But the expenditure is for business purpose under an MoU and not for scientific research expenditure, then too??
CAclubindia
