Research institution approval requires separate research accounts and annual audited returns to be filed with the prescribed authority. Approval is granted to the Centre for Women's Development Studies, New Delhi, as an Institution under section 35(1)(iii) of the Income-tax Act, subject to conditions: maintain a separate account for scientific research receipts; furnish annual returns of scientific research activities to the prescribed authority by 30 April each year; and submit audited annual accounts and a balance-sheet to the prescribed authority by 30 June with copies to the concerned Commissioner of Income-tax. The approval is effective from 1 October 1984 to 31 March 1987.
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.
Research institution approval requires separate research accounts and annual audited returns to be filed with the prescribed authority.
Approval is granted to the Centre for Women's Development Studies, New Delhi, as an Institution under section 35(1)(iii) of the Income-tax Act, subject to conditions: maintain a separate account for scientific research receipts; furnish annual returns of scientific research activities to the prescribed authority by 30 April each year; and submit audited annual accounts and a balance-sheet to the prescribed authority by 30 June with copies to the concerned Commissioner of Income-tax. The approval is effective from 1 October 1984 to 31 March 1987.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
