25/01/2019
The deduction in respect of expenditure On scientific research may be grouped as under:
REVENUE EXPENDITURE INCURRED BY AN ASSESSEE WHO HIMSELF CARRIES ON SCIENTIFIC RESEARCH [SEC 35(1)(i)] :-
Where the assessee himself carries on scientific research and incurs revenue expenditure, deduction is allowed for such expenditure only if such research relates to his business.Further ,where salary has been paid to an employee engaged in scientific research or any expenditure has been incurred on purchase of materials used in scientific research, such salary or expenditure, paid or incurred after March 31, 1973, but within three years immediately preceding the commencement of the business is deemed to have been paid or incurred in the previous year in which the business is commenced to the extent it is certified by the authority prescribed for this purpose under rule 6 [prescribed authority is Director-General (Income-tax Exemptions) in concurrence with the Secretary, Department of Scientific and [Industrial Research, Government of India].
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