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of <h1>R&D Facility Approved for Tax Benefits Under Section 35(2AB) for Manufacturing Company</h1> An in-house Research and Development facility has been approved under section 35(2AB) of the Income-tax Act, 1961, for a company engaged in the manufacture or production of articles or things. The company's name, address, and PAN, along with the objectives of the scientific research to be conducted. It also provides the location of the R&D facility, the reference number, and the date of the application. The facility's recognition by the Department of Scientific and Industrial Research is noted, with conditions specified for approval. Copies of the order are sent to the company and relevant tax authorities.
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