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of <h1>Application for Scientific Research Program Approval Under Income-tax Act Section 35(2AA): Requirements and Sponsor Obligations</h1> This form is an application for approval of a scientific research program under section 35(2AA) of the Income-tax Act, 1961. It requires the sponsor's name, address, contact information, and identification number. The sponsor must provide details about their business, including annual turnover, research and development expenditures, and any technical collaborations. The application requires a description of the research program's purpose, objectives, implementation stages, and expected outcomes, emphasizing its commercial potential and benefits. The sponsor must also disclose the proposed start date, total funding, and past deductions claimed under the relevant tax section. The form concludes with a certification of accuracy and compliance.
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