Easy Office
LCI Learning

Taxability on reserch and development allowances

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 January 2012 Reserch and development allowances given to employee is exempt from tax to the extent it incurred.I wish to know which type of expenses is to be treated as reserch and development expenses made by employee and which type of bill can be submitted?
Profile Image

CS Bijoy

Profile Image

CS Bijoy (Expert)
06 January 2012 Any expenses incurred for the purpose of research suppose equipment, instrument, man power, materials, etc.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links