National Laboratory O A University () Indian Institute of Technology A Specified person as approved by the prescribed authority (B-3) Weighted Deduction for a sum of money given to a compa Research [Section 356 Xia) In case any assessee provides money to an Indian company engaged in ih and approved for this purpose, a weighted deduction @ 125% of the amount pa Research carried on by the company may or may not be related to donor asse Conditions: The company is registered in India The main object of the company is scientific research and developm ( The company is an approved scientific research company by the pre ILLUSTRATION 1 Discuss the admissibility of following items Amount spent on acquisition of land for setting up research laborate Expenditure on construction of building for such laboratory - 3.50 A Limited Company gives