According to section 35 (2AA) of the Income Tax Act, 1961, the amount of deduction to be claimed for the sum paid to a National Laboratory for carrying out scientific research under an approved program in A.Y. 2021-22 wo

CS Executive · Tax Laws · PYQS · December 2021
According to section 35 (2AA) of the Income Tax Act, 1961, the amount of deduction to be claimed for the sum paid to a National Laboratory for carrying out scientific research under an approved program in A.Y. 2021-22 would be:
(A) Actual amount of sum so paid
(B) 2 times of sum so paid
(C) 1.75 times of sum so paid
(D) 1.50 times of sum so paid

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act, 1961

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