https://www.taxtmi.com/news?id=71735 A sponsor seeking deduction for expenditure on a scientific research programme must furnish FORM 7 as the prescribed application for prior approval before commencement. Separate applications are required for each programme, and the form calls for details of the sponsor, the proposed research programme, its duration and estimated cost, and the executing institution. Approval may be granted only for eligible programmes carried out through specified institutions, while market research, sales promotion, routine quality control, commercial production, and routine data collection are excluded. en-us Wed, 25 Mar 2026 10:21:05 +0530 Wed, 25 Mar 2026 10:21:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71735 A sponsor seeking deduction for expenditure on a scientific research programme must furnish FORM 7 as the prescribed application for prior approval before commencement. Separate applications are required for each programme, and the form calls for details of the sponsor, the proposed research programme, its duration and estimated cost, and the executing institution. Approval may be granted only for eligible programmes carried out through specified institutions, while market research, sales promotion, routine quality control, commercial production, and routine data collection are excluded. News - Wed, 25 Mar 2026 10:21:05 +0530 https://www.taxtmi.com/news?id=71735