Research institute approval grants tax recognised status subject to separate research accounts, annual returns and audited reporting. Approval is granted to the Pulp and Paper Research Institute, Raigada, Orissa as an approved institution under clause (ii) of sub section (1) of section 35, classified as an Association in natural and applied sciences, subject to maintaining separate research accounts, furnishing annual returns of scientific research activities by 30 April each year, and submitting audited annual accounts and balance sheet with copies to the Commissioner of Income-tax by 30 June each year; approval effective from 1 April 1984 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 institute approval grants tax recognised status subject to separate research accounts, annual returns and audited reporting.
Approval is granted to the Pulp and Paper Research Institute, Raigada, Orissa as an approved institution under clause (ii) of sub section (1) of section 35, classified as an Association in natural and applied sciences, subject to maintaining separate research accounts, furnishing annual returns of scientific research activities by 30 April each year, and submitting audited annual accounts and balance sheet with copies to the Commissioner of Income-tax by 30 June each year; approval effective from 1 April 1984 to 31 March 1985.
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