CBDT allows manual filing of Form No 3CF for applicant seeking approval under Sec. 35

Circular no. 5/2022, dated 16-03-2022

An assessee can claim deduction under section 35 for the amount contributed to a company for undertaking scientific research. However, such deduction can be claimed if such Company is approved on this behalf. For getting such approval, such a company must make an application in Form 3CF and fulfil the conditions prescribed in this behalf.

Application for approval shall be furnished electronically under the digital signature if the return of income is required to be furnished under the digital signature. In any other case such application shall be furnished electronically through an electronic verification code.

Further, such application shall be verified by the person authorized to verify the return of income.

Due to the non-availability of Form no. 3CF on the e-filing portal, the CBDT has allowed the applicants seeking approval under section 35(1)(ii)/(iia)/(iii) to file Form no. 3CF physically.

The applicant may file Form no. 3CF manually till September 30, 2022, or the date of availability of Form no. 3CF for electronic filing on the e-filing website, whichever is earlier.

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