Is it necessary to take approval from any authority to claim deduction u/s 35 for capital expenditure scientific research work?
Plz clarify.........
CA Devender Chauhan (Group Financial Accountant) (1526 Points)
25 June 2011Is it necessary to take approval from any authority to claim deduction u/s 35 for capital expenditure scientific research work?
Plz clarify.........
CA AMANPREET SINGH
(Chartered Accountant)
(284 Points)
Replied 25 June 2011
i think there is no need of any prior approval if you fulfill the conditions of sec.35.
Aparna Raja K.C
(Student)
(520 Points)
Replied 25 June 2011
No, but you will require certificates which prove that its an approved Scientific indtitution while filing the return :)
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 26 June 2011
Originally posted by : Aparna Raja K.C | ||
No, but you will require certificates which prove that its an approved Scientific indtitution while filing the return :) |