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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>C.C. Shroff Research Institute Approved for Scientific Research Under Section 35(1)(ii) of Income-tax Act</h1> The C.C. Shroff Research Institute in Bombay has been approved under section 35(1)(ii) of the Income-tax Act, 1961, by the Department of Science and Technology for scientific research in natural and applied sciences. This approval is valid from October 13, 1983, to October 12, 1985. The institute must maintain separate accounts for funds received for research, submit annual returns of its research activities by April 30 each year, and provide audited financial statements and balance sheets to the prescribed authority and the Commissioner of Income-tax by June 30 annually.
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