Form No. 03CF-III - Application form for approval under clause (iia) of sub-section (1) of section 35 of the Income-tax Act, 1961 in the case of company
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Approval under clause (iia) of section 35 requires detailed company disclosures on research facilities, projects, funding and audited accounts. Application for approval under clause (iia) of sub-section (1) of section 35 requires companies to submit corporate identity and incorporation evidence, memorandum and articles, prior approval history, and reasons for any withdrawal. The form requires details of research laboratories, staff numbers, research assets and acquisition costs, completed and ongoing projects, publications, IP filings and commercialisation, seminars and future research programmes with projections. Financial disclosures include three years of income sources, assessment particulars, amounts received and applied to research, lists of payers with identity numbers for larger sums, investments of those funds, audited accounts for three years, and a signed certification.
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.
Approval under clause (iia) of section 35 requires detailed company disclosures on research facilities, projects, funding and audited accounts.
Application for approval under clause (iia) of sub-section (1) of section 35 requires companies to submit corporate identity and incorporation evidence, memorandum and articles, prior approval history, and reasons for any withdrawal. The form requires details of research laboratories, staff numbers, research assets and acquisition costs, completed and ongoing projects, publications, IP filings and commercialisation, seminars and future research programmes with projections. Financial disclosures include three years of income sources, assessment particulars, amounts received and applied to research, lists of payers with identity numbers for larger sums, investments of those funds, audited accounts for three years, and a signed certification.
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