section 35(1)(ii)

Income Tax Benefits related to Research & Development expenses

Income Tax - ISRO succeeded in Mars mission by launching the largest rocket GSLV Mark III in space after lot of efforts and spending crores of rupees on research and development. Similarly if businessmen carry out such R&D, etc. activity, then is there any provision of Income Tax which benefits him?...

Read More

Budget 2010-11: Weighted deduction for approved in-house scientific research and development

Income Tax - Under the existing provisions of section 35(2AB) of the Income-tax Act, a company is allowed weighted deduction of 150 per cent of the expenditure (not being expenditure in the nature of cost of any land or building) incurred on scientific research on an approved in-house research and development facility....

Read More

Section 35(1)(ii) Donation: HC remands matter back to AO to check capacity of Donor

Krupa Trading Co. Vs ITO (Madras High Court) - In the given case The appellant made a contribution of Rs.1,00,000/- during the year, to M/s.Herbicure Healthcare Bio-herbal Research Foundation, Calcutta. The institution was approved to get the contributions under Section 35(1)(ii) of the Income Tax Act....

Read More

Notification No. 8/2011- Income Tax Dated 7/2/2011

Notification No. 8/2011- Income Tax - (07/02/2011) - Notification No. 8/2011- Income Tax It is hereby notified for general information that the organization Kelkar Education Trust, Mumbai has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules ...

Read More

Notification No. 83/2010-Income Tax Dated 1-11-2010

Notification No. 83/2010-Income Tax - (01/11/2010) - Notification No. 83/2010-Income Tax It is hereby notified for general information that the organization Raman Centre for Applied and Interdisciplinary Sciences, Kolkata has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, ...

Read More

Notification No. 76/2010-Income Tax Dated 11/10/2010

Notification No. 76/2010-Income Tax - (11/10/2010) - Notification No. 76/2010-Income Tax It is hereby notified for general information that the organization Sisodia Educational, Medical & Charitable Society, Kollakadavu, Kerala has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax...

Read More

Notification No. 60/2010-Income Tax Dated 22/7/2010

Notification No. 60/2010-Income Tax - (22/07/2010) - Notification No. 60/2010-Income Tax The approved organization shall maintain separate books of accounts in respect of the sums received by it for scientific research, reflect therein the amounts used for carrying out research, get such books audited by an accountant as defined in the explanation to ...

Read More

Notification No.46/2010-Income Tax Dated 21/6/2010

Notification No.46/2010-Income Tax - (21/06/2010) - Notification No.46/2010-Income Tax It is hereby notified for general information that the organization Bhartiya Vaidayak Samanvaya Samiti, Nagpur has been approved by the Central Government for the purpose of clause (ii) of sub-section (I) of section 35 of the Income-tax Act, 1961 (said Act), read w...

Read More

Recent Posts in "section 35(1)(ii)"

Section 35(1)(ii) Donation: HC remands matter back to AO to check capacity of Donor

Krupa Trading Co. Vs ITO (Madras High Court)

In the given case The appellant made a contribution of Rs.1,00,000/- during the year, to M/s.Herbicure Healthcare Bio-herbal Research Foundation, Calcutta. The institution was approved to get the contributions under Section 35(1)(ii) of the Income Tax Act....

Read More

Income Tax Benefits related to Research & Development expenses

ISRO succeeded in Mars mission by launching the largest rocket GSLV Mark III in space after lot of efforts and spending crores of rupees on research and development. Similarly if businessmen carry out such R&D, etc. activity, then is there any provision of Income Tax which benefits him?...

Read More
Posted Under: Income Tax | ,

Notification No. 8/2011- Income Tax Dated 7/2/2011

Notification No. 8/2011- Income Tax 07/02/2011

Notification No. 8/2011- Income Tax It is hereby notified for general information that the organization Kelkar Education Trust, Mumbai has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962 ...

Read More

Notification No. 83/2010-Income Tax Dated 1-11-2010

Notification No. 83/2010-Income Tax 01/11/2010

Notification No. 83/2010-Income Tax It is hereby notified for general information that the organization Raman Centre for Applied and Interdisciplinary Sciences, Kolkata has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with rules 5C and ...

Read More

Notification No. 76/2010-Income Tax Dated 11/10/2010

Notification No. 76/2010-Income Tax 11/10/2010

Notification No. 76/2010-Income Tax It is hereby notified for general information that the organization Sisodia Educational, Medical & Charitable Society, Kollakadavu, Kerala has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5...

Read More

Notification No. 60/2010-Income Tax Dated 22/7/2010

Notification No. 60/2010-Income Tax 22/07/2010

Notification No. 60/2010-Income Tax The approved organization shall maintain separate books of accounts in respect of the sums received by it for scientific research, reflect therein the amounts used for carrying out research, get such books audited by an accountant as defined in the explanation to sub-section (2) of section 288 of the sa...

Read More

Notification No.46/2010-Income Tax Dated 21/6/2010

Notification No.46/2010-Income Tax 21/06/2010

Notification No.46/2010-Income Tax It is hereby notified for general information that the organization Bhartiya Vaidayak Samanvaya Samiti, Nagpur has been approved by the Central Government for the purpose of clause (ii) of sub-section (I) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Ru...

Read More

Notification No. 45/2010-Income Tax Dated 15/6/2010

Notification No. 45/2010-Income Tax 15/06/2010

Notification No. 45/2010-Income Tax It is hereby notified for general information that the organization Hirabai Cowasji Jehangir Medical Research Institute, Pune has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of t...

Read More

Notification No. 32/2010-Income Tax Dated 11/5/2010

Notification No. 32/2010-Income Tax 11/05/2010

Notification No. 32/2010-Income Tax It is hereby notified for general information that the organization M/s Foundation for Revitalization of Local Health Traditions, Bangalore, has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules...

Read More

Notification No. 26/2010-Income Tax Dated 22/4/2010

Notification No. 26/2010-Income Tax 22/04/2010

Notification No. 26/2010-Income Tax It is hereby notified for general information that the organization M.P Birla Instiute of Fundamental Research, Kolkata has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with rules 5C and 5E of the Inc...

Read More

Browse All Categories

CA, CS, CMA (5,631)
Company Law (7,548)
Custom Duty (8,593)
DGFT (4,580)
Excise Duty (4,510)
Fema / RBI (4,770)
Finance (5,102)
Income Tax (37,950)
SEBI (4,073)
Service Tax (3,746)

Search Posts by Date

August 2021
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031