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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Hyderabad Science Society Gains Section 35(1)(ii) Approval for 1985-1986; Must Adhere to Reporting and Accounting Conditions</h1> The Hyderabad Science Society, Hyderabad, has been approved under Section 35(1)(ii) of the Income-tax Act, 1961, by the Department of Science & Technology for the period from April 1, 1985, to March 31, 1986. The approval is subject to conditions including maintaining separate accounts for sums received for scientific research, submitting annual returns of research activities by April 30 each year, providing audited annual accounts and balance sheets by June 30 each year, and applying for approval extension three months before expiry. Failure to comply with these conditions may result in rejection of extension applications.
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