https://www.taxtmi.com/notifications?id=119208 The amendment revises authority designations and mandates electronic furnishing of approval, audit and annual reports for in house research and development facilities eligible for weighted deduction. It prescribes timelines for submission of authority reports and audit certificates, assigns the Principal Director General (Systems) to set secure data capture and transmission standards, and substitutes Forms 3CL and 3CLA plus Annexures to require company identification, project progress, patents, and detailed capital and revenue expenditure reporting, along with cooperation, asset use restrictions and disclosure in audited financial statements. en-us Thu, 28 Apr 2016 00:00:00 +0530 Sat, 07 May 2016 10:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119208 The amendment revises authority designations and mandates electronic furnishing of approval, audit and annual reports for in house research and development facilities eligible for weighted deduction. It prescribes timelines for submission of authority reports and audit certificates, assigns the Principal Director General (Systems) to set secure data capture and transmission standards, and substitutes Forms 3CL and 3CLA plus Annexures to require company identification, project progress, patents, and detailed capital and revenue expenditure reporting, along with cooperation, asset use restrictions and disclosure in audited financial statements. Notifications Income Tax Thu, 28 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119208