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Application form for entering into an agreement with the Department of Scientific and Industrial Research for co-operation in in-house Research and Development facility and for audit of the accounts maintained for that facility

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.... Income-tax or Principal Director General of Income-tax or Director General of Income-tax having jurisdiction over the company. 3A. Please specify the nature and business/activity of the company- (a) business of bio-technology (b) manufacture/production of article or things (Please specify the product).] 4. Annual production of the eligible products of the company during the past three years. 5. Annual expenditure on scientific research of the company during the past three years, giving break-up of expenditure on land and buildings. 6. Please give details of the nature of existing in-house Research and Development facilities including the address of the in-house Research and Development facility. 7. Registration number, date and....

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....ion 139 to claim deduction under section 35(2AB), (v) Subject to the First Party meeting the conditions specified under sub-section (2AB) of section 35, and on being satisfied of the feasibility of the said in-house Research and Development facility in terms of objectives and of the genuineness and of the expenditure on said Research And Development facility by the First Party , the Second Party shall be submit its report in relation to the approval of the said facility to the 3[ Principal Chief Commissioner of Income-tax or Chief Commissioner of Income-tax or Principal Director General of Income-tax or Director General of Income-tax having jurisdiction over the First Party within a period of one hundred and twenty days ] from the date on....

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....139 to claim deduction under sub-section (2AB) of section 35; (ii) submit annual progress reports to the secretary, Department of Scientific and Industrial Research; 4[(iii) render full co-operation in carrying out the Research and Development work relating to bio-technology or manufacture or production of any eligible article or thing under sub-section (2AB) of section 35 of the Act; (iv) ensure that the company does not manufacture any product listed in the Eleventh Schedule of the Act; (v) ensure that the company shall reflect the capital and revenue expenditure on in-house research and development facility in the schedules/notes to accounts in the audited financial statement of the company prepared for the purposes of its annual....

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....escribed authority at the time of approval. Any changes with regard to the scope of the projects as originally envisaged may be highlighted. 6. Details of any additional projects taken up during the previous year. 7. Details of changes, if any, in the research and development infrastructure during the previous year. 8. Details of research and development achievements and technologies commercialised during the previous year. 9. Details of patents obtained and/or filed during the previous year. 10. Details of any other changes in the approved research and development centre. I certify that the above details are true and correct to the best of my knowledge and belief. ------------------------------------------------------------ S....

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....------------------------------------------------- (Name, designation and address) Date: -------------------- Place: -------------------] ----------------- Notes:- 1. Substituted vide Not. 29/2016 - Dated 28-4-2016, w.e.f. 1st day of July, 2016, before it was read as, "3. Please specify the nature and Business/activity of the company--- Manufacture/production of --- Drugs Pharmaceuticals Electronic Equipments Computers Telecommunication Equipments Chemicals Any other article or thing notified under sub-section (2AB) of section 35(please specify)" 2. Substituted vide Not. 29/2016 - Dated 28-4-2016, w.e.f. 1st day of July, 2016, before it was read as, "(ii) the above Research and Development facil....