# The Finance Act, 1993, Section 9: Amendment of section 35

- Act: The Finance Act, 1993 (Act 38 of 1993)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1993/section/9/

## Text

Amendment of section 35. 9. In section 35 of the Income-tax Act, after sub-section (2A), the following sub-section shall be inserted with effect from the 1st day of April, 1994, namely:— '(2AA) Where the assessee pays any sum to a National Laboratory with a specific direction that the said sum shall be used for scientific research undertaken under a programme approved in this behalf by the prescribed authority, then— (a) there shall be allowed a deduction of a sum equal to one and one-fourth times the sum so paid; and (b) no deduction in respect of such sum shall be allowed under any other provision of this Act: Provided that every National Laboratory desirous of obtaining approval under this sub-section shall make an application in the prescribed form and manner to the prescribed authority: Provided further that the prescribed authority may, before, granting approval, call for such documents or information from the National Laboratory as it thinks necessary in order to , satisfy itself about the genuineness of the activities relating to scientific research of such Laboratory. Explanation.— For the purposes of this sub-section, "National Laboratory" means a scientific laboratory functioning at the national level under the aegis of the Indian Council of Agricultural Research; the Indian Council of Medical Resarch of the Council of Scientific and Industrial Research and which is approved as a National Laboratory by the prescribed authority in such mariner as may be prescribed. [Finance Act, 1993] © Copyright. Taxmann Publications Pvt. Ltd.

---
Published by eCourtsIndia together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957.