Approval under section 35(1)(iii) requires annual returns and audited accounts to retain approved research-institution status. Approval under section 35(1)(iii) designates The National Law School of India as an approved research Institution subject to conditions: maintain separate research accounts; furnish annual research returns to the prescribed authority by 30 April; submit audited annual accounts, income and expenditure statements and a balance-sheet to the prescribed authority and a copy to the Commissioner of Income-tax by 30 June; and apply for renewal through the Central Board of Direct Taxes 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)(iii) requires annual returns and audited accounts to retain approved research-institution status.
Approval under section 35(1)(iii) designates The National Law School of India as an approved research Institution subject to conditions: maintain separate research accounts; furnish annual research returns to the prescribed authority by 30 April; submit audited annual accounts, income and expenditure statements and a balance-sheet to the prescribed authority and a copy to the Commissioner of Income-tax by 30 June; and apply for renewal through the Central Board of Direct Taxes at least three months before expiry.
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