Disclosure of R&D and technology absorption requires companies to report specified R&D activities, benefits, expenditure and imported technology details. Companies must disclose in Form B specific R&D activities, benefits, future R&D plans and a breakdown of R&D expenditure (capital, recurring, total and percentage of turnover). For technology absorption, companies must report efforts and benefits from absorption, adaptation and innovation and, for technology imported within the prior five years, identify the technology, year of import, whether fully absorbed and, if not, areas not absorbed, reasons and future 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.
Disclosure of R&D and technology absorption requires companies to report specified R&D activities, benefits, expenditure and imported technology details.
Companies must disclose in Form B specific R&D activities, benefits, future R&D plans and a breakdown of R&D expenditure (capital, recurring, total and percentage of turnover). For technology absorption, companies must report efforts and benefits from absorption, adaptation and innovation and, for technology imported within the prior five years, identify the technology, year of import, whether fully absorbed and, if not, areas not absorbed, reasons and future plans.
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