Application Form From Scientific And Industrial Research Organisations For Approval Under Section 35 Of The Income-Tax Act

This document is format for approval of deductions under Section 35 of Income Tax Act 1961 for initiating expenditure on scientific research directly by setting up a laboratory or by paying a sum amount to the company to be used by them for scientific research which is registered in India and has main objective of scientific research and development. Such deduction shall not be admissible to the expenditure which is incurred on acquisition of land. The deduction for three years immediately preceding the commencement of development or research can also be allowed by the authority after due permission granted by authority. 

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