Research institution approval requires separate research accounts, annual activity returns and audited account submissions within prescribed deadlines. The Society for Research on Haematology and Blood Transfusion, Calcutta is approved as an Association for research-related tax purposes, subject to maintaining separate accounts for research funds; filing annual returns of scientific research activities to the prescribed authority by 30 April; and submitting audited annual accounts and balance-sheet to the prescribed authority and the Commissioner of Income-tax by 30 June. The approval is effective from 20 November 1984 to 31 March 1986.
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Provisions expressly mentioned in the judgment/order text.
Research institution approval requires separate research accounts, annual activity returns and audited account submissions within prescribed deadlines.
The Society for Research on Haematology and Blood Transfusion, Calcutta is approved as an Association for research-related tax purposes, subject to maintaining separate accounts for research funds; filing annual returns of scientific research activities to the prescribed authority by 30 April; and submitting audited annual accounts and balance-sheet to the prescribed authority and the Commissioner of Income-tax by 30 June. The approval is effective from 20 November 1984 to 31 March 1986.
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