Deduction percentage reduced in case of Donation for Scientific Research
PGBP Income Amendments 2017
Additional Depreciation Now available to Business of Transmission of Power
Section 32AC Amendment Purchase and Installed in Same Year not necessary
Donation for Scientific Research Limit Decreased You are here
Exependiture on In-house Research
Section 35AC Deduction Now Removed
Section 35AD
Section 35CCC Deduction Reduced to 100%
Section 35CCD Deduction Reduced to 100%
New Section 35ABA Spectrum Fees Similar to Section 35ABB
Certain 80 IA Business now covered under Section 35AD Amendment
PGBP Income Amendments 2017
Last updated at April 16, 2024 by Teachoo
Deduction percentage reduced in case of Donation for Scientific Research donation for research for satistical research or social science for scientific research 1. donation to reasearch association/ approved university college 100 % 2. donation to national laboratory or university or IIT Specific direction given that it will be used for scientific research as per approved program of prescribed authority -- 150 % deduction 3. donation to approved company - Registered in india + approved by prescribed authority -- 100% deduction