Approval under section 35(1)(iii): institution must keep separate research accounts and file annual audited returns timely. Approval of the National Labour Law Association as an Institution under clause (iii) of sub-section (1) of section 35 of the Income-tax Act is subject to maintaining separate accounts for scientific research, filing annual research returns by 30 April, submitting audited accounts and balance-sheet to the prescribed authority and the Commissioner by 30 June, and applying for extension to the tax authority three months before approval 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): institution must keep separate research accounts and file annual audited returns timely.
Approval of the National Labour Law Association as an Institution under clause (iii) of sub-section (1) of section 35 of the Income-tax Act is subject to maintaining separate accounts for scientific research, filing annual research returns by 30 April, submitting audited accounts and balance-sheet to the prescribed authority and the Commissioner by 30 June, and applying for extension to the tax authority three months before approval expiry.
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