➣Accounting & Business Process Outsourcing
➣Auditing & Assurance & Advisory Services
Prescribed conditions for deduction under sub-section (8A) of section 80-IB— (1) Any company carrying on scientific research and development shall be eligible for deduction specified in sub-section (8A) of section 80-IB, if such company—
(2) Every company which is approved under sub-rule (2) of rule 18D shall—
(3) If, at any stage, it is found that—
the prescribed authority specified may withdraw the approval so granted. (4) Every company referred to in sub-rule (1) shall make an application to the prescribed authority for the purposes of obtaining approval. (5) Every application referred to in sub-rule (4) shall be accompanied by—
(6) The prescribed authority may call for any information or document which may be necessary for consideration of the grant of approval under sub-rule (2) of rule 18D. (7) The prescribed authority shall grant approval within four months from the date of receipt of the application : Provided that where the approval is not granted, the decision of the said authority shall be communicated to the applicant within the said period of four months : Provided further that no approval shall be refused unless the applicant has been given an opportunity of being heard. |