Approval under section 35(1)(iii): institutional research recognition subject to specified accounting and reporting conditions. Approval under Section 35(1)(iii) is accorded to The Mother's Service Society, Pondicherry, as an Institution for research expenditure recognition on condition that it maintains a separate account for research receipts, submits annual research activity returns to the prescribed authority by 30th April, files audited accounts and balance-sheet with the prescribed authority and the Commissioner by 30th June, and applies for extension of approval at least three months before expiry; late applications may be rejected.
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.
Approval under section 35(1)(iii): institutional research recognition subject to specified accounting and reporting conditions.
Approval under Section 35(1)(iii) is accorded to The Mother's Service Society, Pondicherry, as an Institution for research expenditure recognition on condition that it maintains a separate account for research receipts, submits annual research activity returns to the prescribed authority by 30th April, files audited accounts and balance-sheet with the prescribed authority and the Commissioner by 30th June, and applies for extension of approval at least three months before expiry; late applications may be rejected.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
