https://www.taxtmi.com/manuals?id=7991 Approval for a company's scientific research expenditure deduction requires Form No. 17 before the jurisdictional Commissioner of Income-tax, with verification and a copy sent to the prescribed authority. Defects may be rectified within the allowed period, while complete applications may be examined for genuineness before a written order by the Chief Commissioner. Approval cannot exceed five tax years and renewal must be sought at least three months before expiry. Conditions include use of funds for research through the company's own employees and assets, separate accounts, audit, certified utilisation statements, and annual reporting on research activities, publications, patents, and proposed projects. en-us Tue, 21 Apr 2026 16:46:00 +0530 Mon, 13 Jul 2026 15:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7991 Approval for a company's scientific research expenditure deduction requires Form No. 17 before the jurisdictional Commissioner of Income-tax, with verification and a copy sent to the prescribed authority. Defects may be rectified within the allowed period, while complete applications may be examined for genuineness before a written order by the Chief Commissioner. Approval cannot exceed five tax years and renewal must be sought at least three months before expiry. Conditions include use of funds for research through the company's own employees and assets, separate accounts, audit, certified utilisation statements, and annual reporting on research activities, publications, patents, and proposed projects. Manuals Income Tax Tue, 21 Apr 2026 16:46:00 +0530 https://www.taxtmi.com/manuals?id=7991