Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Scientific research approval rules govern electronic filing, defect cure, scrutiny, compliance conditions, and withdrawal of approval for companies. Approval under clause (iia) of sub-section (1) of section 35 is to be processed by the Chief Commissioner of Income-tax on an application in Form No. 3CF, furnished electronically to the Commissioner and supported by acknowledgement evidence. Defects must be cured within the prescribed time, complete applications may be inquired into for genuineness of research activity, and the Chief Commissioner may grant, reject, or withdraw approval after due opportunity of hearing. Approval is subject to use of funds for scientific research, maintenance of separate books and audited statements, and annual disclosure of research activity, publications, patents, and future research plans.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Scientific research approval rules govern electronic filing, defect cure, scrutiny, compliance conditions, and withdrawal of approval for companies.
Approval under clause (iia) of sub-section (1) of section 35 is to be processed by the Chief Commissioner of Income-tax on an application in Form No. 3CF, furnished electronically to the Commissioner and supported by acknowledgement evidence. Defects must be cured within the prescribed time, complete applications may be inquired into for genuineness of research activity, and the Chief Commissioner may grant, reject, or withdraw approval after due opportunity of hearing. Approval is subject to use of funds for scientific research, maintenance of separate books and audited statements, and annual disclosure of research activity, publications, patents, and future research plans.
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