Section 35 (1)(ii) of Income Tax act


This query is : Resolved 

(Querist)
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.

06 August 2009 Yes. But this iNst will tested on marits i.e. the sole purpose should be scientific only


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