Situation 2: If Company mention figure of FY 2020-21 Applicability shall be check as per figures of 2020-21 (i.e. 31.03.2021) On the basis of these figures Column 3(iv) shall mention the reason for applicability i.e.not applicable “file for any unspent amount of previous years” ...
However, exemption is provided for three financial years till FY 2022-23, to companies engaged in R&D activity of new vaccine, drugs and medical devices in their normal course of business which undertakes R&D activity of vaccine/ drugs/ medical devices related to COVID-19. This exclusion will ...