Approval under section 35(1)(ii) for a research institution requires separate research accounts, annual reporting and timely renewal. Approval under section 35(1)(ii) is conferred on The Vivekananda Medical Research Society, Latur, subject to maintaining a separate account for research receipts, furnishing annual research activity returns by 30 April, submitting audited accounts and balance-sheet to the prescribed authority and the Commissioner by 30 June, and applying for renewal to the central tax authority at least three months before approval expiry; late renewal applications may be rejected. The approval runs from 7 September 1984 to 31 March 1986.
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)(ii) for a research institution requires separate research accounts, annual reporting and timely renewal.
Approval under section 35(1)(ii) is conferred on The Vivekananda Medical Research Society, Latur, subject to maintaining a separate account for research receipts, furnishing annual research activity returns by 30 April, submitting audited accounts and balance-sheet to the prescribed authority and the Commissioner by 30 June, and applying for renewal to the central tax authority at least three months before approval expiry; late renewal applications may be rejected. The approval runs from 7 September 1984 to 31 March 1986.
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