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Rule 18AAB of Income Tax Rules 1962: Prescribed Authority (Section 80-IA)

Rule 18AAB : Prescribed authority for approval of companies engaged in Scientific and Industrial Research and Development for the purposes of section 80-IA
(Chapter: IV - Tax Exemptions and Reliefs)


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


Extra Notes for Readers:

- Rule 18AAB was introduced by the Income Tax (10th Amendment) Rules, 1996, w.e.f. 1-Apr-1997.



Reference/Source: Check at Income Tax site for latest version of the Rules - link

This page was last updated on 17th October 2016.
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