Research institution approval requires separate research accounts, annual returns, audited accounts, and timely renewal applications before approval expiry. Approval under section 35(1)(ii) is granted to Shri Verindra Nath Jamuna Das Psychiatric Research Institute as an Association, subject to conditions: maintain a separate account for research receipts; furnish annual returns of scientific research activities by 30 April; submit audited annual accounts, income and expenditure statements, and balance-sheet copies to the prescribed authority and Commissioner by 30 June; and apply for extension to the tax board at least three months before approval expiry.
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Research institution approval requires separate research accounts, annual returns, audited accounts, and timely renewal applications before approval expiry.
Approval under section 35(1)(ii) is granted to Shri Verindra Nath Jamuna Das Psychiatric Research Institute as an Association, subject to conditions: maintain a separate account for research receipts; furnish annual returns of scientific research activities by 30 April; submit audited annual accounts, income and expenditure statements, and balance-sheet copies to the prescribed authority and Commissioner by 30 June; and apply for extension to the tax board at least three months before approval expiry.
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