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35(2AB)

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(Querist)
06 November 2019 What is the amount of deduction available U/s 35(2AB) to a company for capital expenditure incurred for scientific research? Is it 200% or 150% for AY 2019-20?
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Asha Kanta Sharmapro badge (Expert)
26 May 2020 It is 150% subject to other conditions as per Income Tax

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