https://www.taxtmi.com/acts?id=48614 The amendment includes scientific and industrial research and development within qualifying activities for section 80-IA, adds a new subsection extending the section to Indian companies whose main object is such research and which obtain prescribed authority approval before the specified cut-off, and provides that one hundred per cent of profits from that business qualify under the section; it also adds related consequential provisions on case categorisation, assessment-year determination for approved companies, and the definition of infrastructure facility. en-us Wed, 12 Feb 2025 16:39:58 +0530 Wed, 12 Feb 2025 16:39:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48614 The amendment includes scientific and industrial research and development within qualifying activities for section 80-IA, adds a new subsection extending the section to Indian companies whose main object is such research and which obtain prescribed authority approval before the specified cut-off, and provides that one hundred per cent of profits from that business qualify under the section; it also adds related consequential provisions on case categorisation, assessment-year determination for approved companies, and the definition of infrastructure facility. Act-Rules F. Acts / Amendment Acts Wed, 12 Feb 2025 16:39:58 +0530 https://www.taxtmi.com/acts?id=48614