Working notes
- What to check: Do not request a later instalment until the utilisation condition is met.
- Before you close the file: Attach utilisation and project evidence required by FC-3BB.
Reviewed by CA Nikhil Gupta · Last reviewed 18 September 2026
For a prior-permission case exceeding the notified threshold and released in instalments, second/subsequent instalments use FC-3BB and are tied to utilisation of at least 75% of the previous instalment and the prescribed field-inquiry framework.
Finin2min summary — explanatory text. The official Act, Rules, Regulations and notifications control if there is any difference. Educational and research resource, not legal, regulatory, tax or investment advice; verify the instrument in force on the relevant date.