Section 35 (1)(ii) of Income Tax act
This query is : Resolved
06 August 2009
As the wording u/s 35(1)(ii)is
"Scintific Research association, University, College or Other Institution "
Can the "Deemed University" is elegible for the deduction u/s 35(1)(ii) if it engaged in the "research & development" activities specifies under the aforesaid section.
please reply..... at earliest.
regds,
Vipul.
"Scintific Research association, University, College or Other Institution "
Can the "Deemed University" is elegible for the deduction u/s 35(1)(ii) if it engaged in the "research & development" activities specifies under the aforesaid section.
please reply..... at earliest.
regds,
Vipul.
06 August 2009
Yes. But this iNst will tested on marits i.e. the sole purpose should be scientific only
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