Approval under section 35(1)(ii) for research institutions imposes accounting, annual return and audited accounts obligations. Approval of the Birla Institute of Scientific Research, Calcutta, as an Institution under clause (ii) of sub section (1) of section 35 is granted for the period 1 4 1984 to 31 3 1985, subject to maintaining a separate account for research receipts, furnishing annual returns of scientific research activities to the prescribed authority by 30 April each year, and submitting audited annual accounts and balance sheet to the prescribed authority and the Commissioner of Income tax by 30 June each year.
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) for research institutions imposes accounting, annual return and audited accounts obligations.
Approval of the Birla Institute of Scientific Research, Calcutta, as an Institution under clause (ii) of sub section (1) of section 35 is granted for the period 1 4 1984 to 31 3 1985, subject to maintaining a separate account for research receipts, furnishing annual returns of scientific research activities to the prescribed authority by 30 April each year, and submitting audited annual accounts and balance sheet to the prescribed authority and the Commissioner of Income tax by 30 June each year.
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