Form No. 03CLA - Report from an accountant to be furnished under sub-section (2AB) of section 35 of the Act relating to in-house scientific research and development facility - [See rule 6]
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In house R&D audit requirement: accountant must certify separate accounts and DSIR compliant expenditure in a formal report. An accountant must audit the approved in house R&D centre and furnish Form No.3CLA certifying that separate accounts are maintained, accounts are satisfactorily maintained in conformity with Department of Scientific and Industrial Research guidelines, and specifying the financial year's expenditure with a revenue/capital breakdown and reference to where those amounts appear in the audited financial statements; the report must bear the accountant's signature, name, address, membership number and date/place.
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Provisions expressly mentioned in the judgment/order text.
In house R&D audit requirement: accountant must certify separate accounts and DSIR compliant expenditure in a formal report.
An accountant must audit the approved in house R&D centre and furnish Form No.3CLA certifying that separate accounts are maintained, accounts are satisfactorily maintained in conformity with Department of Scientific and Industrial Research guidelines, and specifying the financial year's expenditure with a revenue/capital breakdown and reference to where those amounts appear in the audited financial statements; the report must bear the accountant's signature, name, address, membership number and date/place.
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