Approval under section 35(1)(ii) requires institutions to maintain separate research accounts, file annual returns and submit audited accounts. Approval is granted to Sree Mullapudi Venkataramanamma Memorial Hospital and Research Centre, Tanuku, as an institution for research-related exemption, subject to conditions: maintain separate accounts for research receipts; file annual returns of research activities to the prescribed authority by 30 April in prescribed forms; and submit audited annual accounts, income and expenditure statements and balance-sheets to the prescribed authority by 30 June each year with copies to the concerned Commissioner of Income-tax.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(ii) requires institutions to maintain separate research accounts, file annual returns and submit audited accounts.
Approval is granted to Sree Mullapudi Venkataramanamma Memorial Hospital and Research Centre, Tanuku, as an institution for research-related exemption, subject to conditions: maintain separate accounts for research receipts; file annual returns of research activities to the prescribed authority by 30 April in prescribed forms; and submit audited annual accounts, income and expenditure statements and balance-sheets to the prescribed authority by 30 June each year with copies to the concerned Commissioner of Income-tax.
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