https://www.taxtmi.com/acts?id=44592 Companies applying for approval of the Prescribed Authority must have well defined, documented R&D programmes, valid DSIR recognition, separate earmarked R&D premises with exclusive R&D staff, and separate audited accounts reporting capital and recurring R&D expenditures; eligibility is confined to biotechnology or manufacturing businesses not producing items specified in the Eleventh Schedule. en-us Tue, 08 Oct 2024 14:58:29 +0530 Tue, 08 Oct 2024 14:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44592 Companies applying for approval of the Prescribed Authority must have well defined, documented R&D programmes, valid DSIR recognition, separate earmarked R&D premises with exclusive R&D staff, and separate audited accounts reporting capital and recurring R&D expenditures; eligibility is confined to biotechnology or manufacturing businesses not producing items specified in the Eleventh Schedule. Act-Rules Direct Taxes Tue, 08 Oct 2024 14:58:29 +0530 https://www.taxtmi.com/acts?id=44592