Approval under section 35(1)(ii) grants institutional research recognition subject to separate accounts and annual reporting requirements. Approval is granted to Krishnamurti Foundation India, Vasanta Vihar, as an Institution under clause (ii) of sub section (1) of section 35 of the Income tax Act, subject to conditions: maintain separate research accounts; furnish annual returns of scientific research activities by 30 April; submit audited annual accounts and balance sheet to the prescribed authority and Commissioner by 30 June; and apply for extension three months before expiry. Approval effective 1 July 1985 to 31 March 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.
Approval under section 35(1)(ii) grants institutional research recognition subject to separate accounts and annual reporting requirements.
Approval is granted to Krishnamurti Foundation India, Vasanta Vihar, as an Institution under clause (ii) of sub section (1) of section 35 of the Income tax Act, subject to conditions: maintain separate research accounts; furnish annual returns of scientific research activities by 30 April; submit audited annual accounts and balance sheet to the prescribed authority and Commissioner by 30 June; and apply for extension three months before expiry. Approval effective 1 July 1985 to 31 March 1987.
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