Wednesday, March 9, 2011

Finance Act 2010 - Now weighted deduction also available to approved ASSOCIATIONS u/s 35(1)(iii)

PGBP
Sec35(1)(iii)125% weighted deduction of sum paid to approved/notified university,college,or other institution of object of research in SOCIAL SCIENCE/STATISTICAL RESEARCH. Earlier Approved Research ASSOCIATIONS of Social/Statistical Research were not included,bt now FA2010 includes Such ASSOCIATIONS u/s35(1)(iii)

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