The following revenue expenditure incurred on scientific researched is allowed except:
A. Expenditure related to the business of the assessee
B. Pre-commencement revenue expenditure within 3 years immediately before commencement of business.
C. Pre-commencement revenue expenditure within 3 years immediately before the P.Y. in which business commences
D. Expense on salary of research employees other then expenses on perquisites to employees
Answer:C
The following revenue expenditure incurred on scientific researched is allowed except:
A. Expenditure related to the business of the assessee B. Pre-commencement revenue expenditure within 3 years immediately before commencement of business. C. Pre-commencement revenue expenditure within 3 years immediately before the P.Y. in which business commences D. Expense on salary of research employees other then expenses on perquisites to employees