Q&A on Asian Bus.

This is the place that our Editors will reply to your various questions about doing business in Asia.
Please utilize it as a solution to the issues you have doing your daily business across Asia.

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For companies carrying out industrial and/or scientific research, is there any tax relief offered by the Indian government?

  • FAQ: INDIA
  • Date: 15.07.2010

Scientific and industrial research and development — 100% deduction is allowed of the profits and gains for a period of 10 assessment years beginning from the initial assessment year where such company has been approved by the prescribed authority after 31 March 2000 and before 1 April 2007.

For more on deductions, see Asia Business Guide , [IND ¶35-502] Period of tax relief