Research approval under tax law requires separate accounts, annual returns, audited accounts and advance renewal application. Approval to Surettam Hutheesing Health Foundation, Ahmedabad, for recognition as an institution carrying out scientific research is effective from May 25, 1984 to March 31, 1986. The approval, issued by the prescribed authority in the Department of Science and Technology, is subject to maintenance of a separate research account, annual returns of research activities by 30 April, audited annual accounts and balance-sheet submissions with copies to the Commissioner by 30 June, and advance application to the Central Board of Direct Taxes for extension three months before expiry.
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 approval under tax law requires separate accounts, annual returns, audited accounts and advance renewal application.
Approval to Surettam Hutheesing Health Foundation, Ahmedabad, for recognition as an institution carrying out scientific research is effective from May 25, 1984 to March 31, 1986. The approval, issued by the prescribed authority in the Department of Science and Technology, is subject to maintenance of a separate research account, annual returns of research activities by 30 April, audited annual accounts and balance-sheet submissions with copies to the Commissioner by 30 June, and advance application to the Central Board of Direct Taxes for extension three months before expiry.
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