Research institution approval under tax law requires separate research accounts and annual audited returns to tax authorities. Approval is granted to the National Institute of Immunology, New Delhi as an approved institution under section 35(1)(ii), categorised as an Association in other natural and applied sciences. Conditions require maintenance of a separate account for research receipts, submission of annual returns of research activities to the prescribed authority by 30 April each year, and submission of audited annual accounts and balance sheet to the prescribed authority and the Commissioner by 30 June each year. The approval is effective from 14 September 1983 to 13 September 1986.
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Provisions expressly mentioned in the judgment/order text.
Research institution approval under tax law requires separate research accounts and annual audited returns to tax authorities.
Approval is granted to the National Institute of Immunology, New Delhi as an approved institution under section 35(1)(ii), categorised as an Association in other natural and applied sciences. Conditions require maintenance of a separate account for research receipts, submission of annual returns of research activities to the prescribed authority by 30 April each year, and submission of audited annual accounts and balance sheet to the prescribed authority and the Commissioner by 30 June each year. The approval is effective from 14 September 1983 to 13 September 1986.
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