Approval under section 35(1)(ii) grants research institution recognition subject to separate research accounts and annual audited reporting obligations. Approval under section 35(1)(ii) recognises the Institute of Kidney Diseases and Research Centre, Ahmedabad as an eligible institution for research-related tax recognition, conditioned on maintaining separate accounts for research receipts, filing prescribed annual returns of scientific research activities, and submitting audited annual accounts and balance sheet to the prescribed authority with copies to the Commissioner of Income-tax within the specified 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) grants research institution recognition subject to separate research accounts and annual audited reporting obligations.
Approval under section 35(1)(ii) recognises the Institute of Kidney Diseases and Research Centre, Ahmedabad as an eligible institution for research-related tax recognition, conditioned on maintaining separate accounts for research receipts, filing prescribed annual returns of scientific research activities, and submitting audited annual accounts and balance sheet to the prescribed authority with copies to the Commissioner of Income-tax within the specified deadlines.
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