https://www.taxtmi.com/notifications?id=14315 Rule 5F prescribes that the Chief Commissioner is the authority for approvals under clause (iia) of section 35; companies must apply in duplicate in Form No. 3CF-III to the Commissioner, who checks completeness, may inquire and forward recommendations; the Chief Commissioner may grant, reject or withdraw approval after calling for documents or inquiries. Approvals require that sums be used for scientific research undertaken by the company's own employees and assets, that separate audited accounts and a certified statement of donations and use be maintained and annually reported, and that non-compliance may be reported and acted upon following opportunity to be heard. en-us Thu, 11 Dec 2008 00:00:00 +0530 Tue, 24 Sep 2019 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=14315 Rule 5F prescribes that the Chief Commissioner is the authority for approvals under clause (iia) of section 35; companies must apply in duplicate in Form No. 3CF-III to the Commissioner, who checks completeness, may inquire and forward recommendations; the Chief Commissioner may grant, reject or withdraw approval after calling for documents or inquiries. Approvals require that sums be used for scientific research undertaken by the company's own employees and assets, that separate audited accounts and a certified statement of donations and use be maintained and annually reported, and that non-compliance may be reported and acted upon following opportunity to be heard. Notifications Income Tax Thu, 11 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/notifications?id=14315