Approval under section 35(1)(ii) - research approval granted subject to separate accounts, annual returns, audited accounts and renewal application. Approval under section 35(1)(ii) of the Income-tax Act is granted to Ruparel College as a College for scientific research, effective 10-9-1985 to 31-3-1987, subject to conditions: maintain separate research accounts; file annual research returns by 30th April; submit audited annual accounts and balance-sheet to the prescribed authority and Commissioner by 30th June; and apply to the Central Board of Direct Taxes for extension at least 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.
Approval under section 35(1)(ii) - research approval granted subject to separate accounts, annual returns, audited accounts and renewal application.
Approval under section 35(1)(ii) of the Income-tax Act is granted to Ruparel College as a College for scientific research, effective 10-9-1985 to 31-3-1987, subject to conditions: maintain separate research accounts; file annual research returns by 30th April; submit audited annual accounts and balance-sheet to the prescribed authority and Commissioner by 30th June; and apply to the Central Board of Direct Taxes for extension at least three months before expiry.
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