COMPANIES ELIGIBLE FOR APPROVAL

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....IBLE FOR APPROVAL 3. Companies having In-house R&D centers, which satisfy the following conditions, are eligible to apply for approval of the 'Prescribed Authority': i) The company has we....

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....arate accounts for the R&D expenditures and report the capital & recurring expenditures after duly audited by Statutory Auditors. v) The in-house R&D centre is located in a separate earmarked area/....