Approval under section 35(1)(ii) grants college research status subject to separate accounts, reporting, audited submissions, and extension rules. Approval of Ramakrishna Mission Vivekananda College, Mylapore, Madras as a research college under section 35(1)(ii) is subject to maintaining separate research accounts, filing annual returns of scientific research activities by 30th April, submitting audited annual accounts and balance sheet to the prescribed authority and the Commissioner by 30th June, and applying to the Central Board of Direct Taxes for extension of approval 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) grants college research status subject to separate accounts, reporting, audited submissions, and extension rules.
Approval of Ramakrishna Mission Vivekananda College, Mylapore, Madras as a research college under section 35(1)(ii) is subject to maintaining separate research accounts, filing annual returns of scientific research activities by 30th April, submitting audited annual accounts and balance sheet to the prescribed authority and the Commissioner by 30th June, and applying to the Central Board of Direct Taxes for extension of approval at least three months before expiry.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
