Section 35 Expenditure on Scientfic Research etc

This Section Covers following types of Research

1. Scientific Research
2. Social Science Research
3. Statistical Research

Such research may be conducted  

1.By Donation to Outside Body

 or

2. In-house Research (By Assessee himself)

 Lets study donation to Outside body first

Weighted Average Deduction on Donation to Outside Body    

AMENDMENT

* Prescribed Authority is Secretary, Department of Scientific and Industrial Research (DSIR).

 

 

Procedure to be followed for Approval

Before granting approval,The prescribed authority(Secretary,DSIR)  shall

check feasibility of scientific research

and

submit its report in relation to the approval of the said facility to the 

 Principal Chief Commissioner 

or Chief Commissioner 

 or  Principal Director General

or Director General 

in such form and within such time as may be prescribed.

 

Procedure After Approval

Separate books of accounts to be maintained of this R&D Facility and audit report shall be submitted to prescribed authority(Secretary,DSIR)

 

Q1

Suppose Expenses Include Following Donations