Rule - 18AAB (of Income Tax Rules, 1962), Income-tax Rules, 1962

Rule - 18AAB (of Income Tax Rules, 1962), Income-tax Rules, 1962

Income Tax

Prescribed authority for approval of companies engaged in Scientific and Industrial Research and Development for the purposes of section 80-IA (of Income Tax Act, 1961)

 For the purposes of sub-section (4B) of section 80-IA (of Income Tax Act, 1961), the prescribed authority shall be the Secretary, Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India.

CONCEPTS