Approval under section 35(1)(ii) for research institution imposes separate accounts, annual returns and audited account obligations. Approval under section 35(1)(ii) was granted to the Centre for Applied Systems Analysis in Development, Bombay, as an Institution, subject to conditions: maintain a separate account for scientific research receipts; furnish annual research activity returns by 30 April; submit audited annual accounts and balance-sheet to the prescribed authority and the concerned Commissioner by 30 June; and apply for extension of approval at least three months before expiry.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(ii) for research institution imposes separate accounts, annual returns and audited account obligations.
Approval under section 35(1)(ii) was granted to the Centre for Applied Systems Analysis in Development, Bombay, as an Institution, subject to conditions: maintain a separate account for scientific research receipts; furnish annual research activity returns by 30 April; submit audited annual accounts and balance-sheet to the prescribed authority and the concerned Commissioner by 30 June; and apply for extension of approval at least three months before expiry.
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