Section 35-1-i-ii Registration

Section 35-1-i-ii Registration

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Provisions of Section 35(1)(i) and Section 35(1)(ii) of the Income Tax Act 1961, carry benefit with it, for the person who spend an amount towards Scientific Research whether carried out in own business or in any association like colleges, Universities or institutions etc. Because the person can claim benefit in while paying the income tax up to the total amount spent for this purpose.


For availing benefit of the above mentioned sections, firstly a person have to take Registration under the Income Tax Act 1961.

 

 
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