Approval under Section 35(1)(iii): University granted research institution status, subject to separate accounts, audits, and returns. Bharathiar University, Coimbatore, is approved under Section 35(1)(iii) as a University for scientific research on condition that it maintains separate accounts for research receipts, files annual returns of research activities by 30 April, submits audited annual accounts and balance-sheet to the prescribed authority and Commissioner by 30 June each year, and applies to the Central Board of Direct Taxes for extension at least three months before approval expiry; approval effective 1 April 1986 to 31 March 1989.
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): University granted research institution status, subject to separate accounts, audits, and returns.
Bharathiar University, Coimbatore, is approved under Section 35(1)(iii) as a University for scientific research on condition that it maintains separate accounts for research receipts, files annual returns of research activities by 30 April, submits audited annual accounts and balance-sheet to the prescribed authority and Commissioner by 30 June each year, and applies to the Central Board of Direct Taxes for extension at least three months before approval expiry; approval effective 1 April 1986 to 31 March 1989.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
