https://www.taxtmi.com/acts?id=3728 Rule 6 designates the prescribed authorities for approving scientific research expenditure under section 35, prescribes application forms (Form No.3CG for sponsors; Form No.3CK for companies), mandates written orders in prescribed formats within specified timelines and prior hearing on rejection, and excludes activities of a purely commercial or routine nature. Approvals require reporting by the authority to the tax jurisdictional head, annual audited separate accounts and progress statements by sponsors and institutions, prohibition on disposal of assets without approval, submission of completion certificates and final audited accounts, and additional electronic reporting requirements for in house R&D facilities. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 06 Oct 2021 15:41:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3728 Rule 6 designates the prescribed authorities for approving scientific research expenditure under section 35, prescribes application forms (Form No.3CG for sponsors; Form No.3CK for companies), mandates written orders in prescribed formats within specified timelines and prior hearing on rejection, and excludes activities of a purely commercial or routine nature. Approvals require reporting by the authority to the tax jurisdictional head, annual audited separate accounts and progress statements by sponsors and institutions, prohibition on disposal of assets without approval, submission of completion certificates and final audited accounts, and additional electronic reporting requirements for in house R&D facilities. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3728