Research institute approval for tax recognition requires separate research accounts and annual audited reporting obligations. Recognition is granted to the Research Institute of Graphic Arts as an approved institution for tax treatment of scientific research, conditional on maintaining separate accounts for research receipts, filing annual returns of scientific research activities in prescribed forms by 30th April, and submitting audited annual accounts and balance-sheet to the prescribed authority and the tax commissioner by 30th June. The approval is effective from 12-3-1984 to 31-3-1987.
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.
Research institute approval for tax recognition requires separate research accounts and annual audited reporting obligations.
Recognition is granted to the Research Institute of Graphic Arts as an approved institution for tax treatment of scientific research, conditional on maintaining separate accounts for research receipts, filing annual returns of scientific research activities in prescribed forms by 30th April, and submitting audited annual accounts and balance-sheet to the prescribed authority and the tax commissioner by 30th June. The approval is effective from 12-3-1984 to 31-3-1987.
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