25 March 2011
No. Not for salaried persons this deduction is not available. People who have business or professional income can claim this deduction.
A weighted deduction of 125% is also allowed for contributions to organizations approved under section 35(1)(ii) (a scientific research institute or a university, college or other institution) specifically for "scientific research," and for contributions made under section 35(1)(iii) specifically for "research in social science or statistical research."
25 March 2011
But if the person who doesnot have business income and if he is contributing to the scientific research can claim whatever the amount contributing. You cannot get 125 % weigtage deduction ..
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