Approval under section 35(1)(ii) - Rajkot Cancer Society must maintain separate research accounts and meet annual filing deadlines. Approval of Rajkot Cancer Society as an approved institution under section 35(1)(ii) is subject to conditions: maintain separate accounts for research receipts; file annual returns of scientific research activities to the prescribed authority by 30 April; submit audited annual accounts and a balance-sheet to the prescribed authority and furnish copies to the Commissioner of Income-tax by 30 June; and apply to the tax board for extension at least three months before approval expiry.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(ii) - Rajkot Cancer Society must maintain separate research accounts and meet annual filing deadlines.
Approval of Rajkot Cancer Society as an approved institution under section 35(1)(ii) is subject to conditions: maintain separate accounts for research receipts; file annual returns of scientific research activities to the prescribed authority by 30 April; submit audited annual accounts and a balance-sheet to the prescribed authority and furnish copies to the Commissioner of Income-tax by 30 June; and apply to the tax board for extension at least three months before approval expiry.
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