Tag: Section 536 Transition

Income Tax Notifications & Order IT

CBDT FAQ Deep-Dive Series #8: Scientific Research and R&D Deduction Moves From Section 35 of the 1961 Act to Section 45 of the Income-tax Act 2025

CA Adityavikram Banka

Scientific research and R&D deduction moves from Section 35 of the 1961 Act to Section 45 of the Income-tax Act 2025 from FY 2026-27. Weighted deductions end; here is the verified mapping and checklist.