Prescribed conditions for deduction under sub-section (8A) of section 80-IB

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..... IB, if such company ( a ) is registered in India; ( b ) has its main object the scientific and industrial research and development; ( c ) has adequate infrastructure such as laboratory facilities, qualified manpower, scale-up facilities and prototype development facilities for undertaking scientific research and development of its own; ( d ) has a well formulated research and devel .....

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..... association and articles of association relating to its main objects and forward the altered copy of its memorandum of association and articles of association to the prescribed authority; ( c ) apply for extension of the approval at least three months before expiry of the approval already granted by the prescribed authority; ( d ) have a system of monitoring the cost of research and devel .....

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..... y; ( b ) annual report of the company for the last three years, if available; ( c ) photocopies of the memorandum of understanding relating to all on-going and future sponsored research projects or programmes. (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 .....

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