Approval under section 35(1)(ii) requires institutional reporting, separate research accounts, audited returns, and timely renewal applications. Approval granted to the Gandhian Institute of Studies, Rajghat, Varanasi under section 35(1)(ii) as an 'Institution' for scientific research is subject to maintaining separate research accounts, furnishing annual research returns by 30 April, submitting audited annual accounts and balance-sheet copies to the prescribed authority and the Commissioner of Income-tax by 30 June, and applying 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)(ii) requires institutional reporting, separate research accounts, audited returns, and timely renewal applications.
Approval granted to the Gandhian Institute of Studies, Rajghat, Varanasi under section 35(1)(ii) as an "Institution" for scientific research is subject to maintaining separate research accounts, furnishing annual research returns by 30 April, submitting audited annual accounts and balance-sheet copies to the prescribed authority and the Commissioner of Income-tax by 30 June, and applying for extension of approval at least three months before expiry; late applications may be rejected.
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