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Approval under section 35(1)(ii): research association recognised for tax purposes subject to accounting, returns, and audited accounts obligations. Approval under section 35(1)(ii) recognises Environmental Protection Research Foundation, Sangli as an association eligible for tax recognition for scientific research, conditional on maintaining separate research accounts and complying with annual reporting and audited accounts submissions to the prescribed authority and the Commissioner of Income-tax within prescribed deadlines.
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): research association recognised for tax purposes subject to accounting, returns, and audited accounts obligations.
Approval under section 35(1)(ii) recognises Environmental Protection Research Foundation, Sangli as an association eligible for tax recognition for scientific research, conditional on maintaining separate research accounts and complying with annual reporting and audited accounts submissions to the prescribed authority and the Commissioner of Income-tax within prescribed deadlines.
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