Expenses u/s 35(2AB)
Of all the companies that apply, do you know how many actually end up getting recognised by the DSIR?
And do you know which industries/ sectors dominate the ‘DSIR Recognised’ list of companies?
Find out, right here!!
what is section 35(2AB)
The DSIR provides recognition to software product and manufacturing companies with in-house R&D centres. The said recognition is associated with 150 percent weighted income tax reduction u/s 35(2AB) of Income Tax Act.
You have heard us say it time and again, haven’t you? Or, you must have read it somewhere for sure. But do you really know what is Section 35(2AB) and how exactly it can benefit you?
Well, here you go!!
DSIR application Process
Do you know how exactly does the DSIR recognition/approval process work?
Well, we have you covered right here!
Sit tight, for it won’t take long…
benefits of DSIR recognition
The benefits of DSIR recognition in about just a minute.
That’s all it is going to take. For we know you don’t have all day, after all. So, grab some popcorn… or maybe don’t for it’ll be over by the time you are back 😉
Let’s just sit tight then.