Research institution approval under section 35(1)(iii) requires separate accounts, annual returns and audited accounts submission. Centre for Applied Systems Analysis in Development, Bombay is approved as an approved institution under clause (iii) of sub-section (1) of section 35, subject to maintaining a separate account for scientific research funds, furnishing annual returns of research activities to the prescribed authority by 30 April each year, and submitting audited annual accounts, income and expenditure statements and balance-sheet to the prescribed authority and the concerned Commissioner of Income-tax by 30 June each year; approval effective 16 September 1983 to 31 March 1985.
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 under section 35(1)(iii) requires separate accounts, annual returns and audited accounts submission.
Centre for Applied Systems Analysis in Development, Bombay is approved as an approved institution under clause (iii) of sub-section (1) of section 35, subject to maintaining a separate account for scientific research funds, furnishing annual returns of research activities to the prescribed authority by 30 April each year, and submitting audited annual accounts, income and expenditure statements and balance-sheet to the prescribed authority and the concerned Commissioner of Income-tax by 30 June each year; approval effective 16 September 1983 to 31 March 1985.
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