Approved research institution status: approval conditions and compliance obligations for scientific research accounting and reporting. Approval is granted to Kamayani Udyog Kendra Society, Pune as an Approved Institution for research under the Income-tax Act framework, subject to conditions: maintain separate research accounts; furnish annual returns of research activities to the prescribed authority in prescribed forms by the annual deadline; and submit audited annual accounts and balance sheet to the prescribed authority with copies to the concerned Commissioner of Income-tax by the annual deadline.
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.
Approved research institution status: approval conditions and compliance obligations for scientific research accounting and reporting.
Approval is granted to Kamayani Udyog Kendra Society, Pune as an Approved Institution for research under the Income-tax Act framework, subject to conditions: maintain separate research accounts; furnish annual returns of research activities to the prescribed authority in prescribed forms by the annual deadline; and submit audited annual accounts and balance sheet to the prescribed authority with copies to the concerned Commissioner of Income-tax by the annual deadline.
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