Approval of research institution under section 35(1)(iii) conditions registration on separate accounts and annual reporting. The Times Research Foundation, New Delhi, is approved as an approved institution under section 35(1)(iii) of the Income-tax Act in the category 'Institute,' subject to maintaining a separate account for research funds, furnishing annual returns of scientific research activities in prescribed forms by the stated annual deadline, and submitting audited annual accounts and balance-sheet to the prescribed authority and the concerned Commissioner of Income-tax.
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Approval of research institution under section 35(1)(iii) conditions registration on separate accounts and annual reporting.
The Times Research Foundation, New Delhi, is approved as an approved institution under section 35(1)(iii) of the Income-tax Act in the category "Institute," subject to maintaining a separate account for research funds, furnishing annual returns of scientific research activities in prescribed forms by the stated annual deadline, and submitting audited annual accounts and balance-sheet to the prescribed authority and the concerned Commissioner of Income-tax.
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