Approval under section 35(1)(ii) conditions research tax qualification on separate accounts, reporting, audited accounts and renewal. Approval is granted to the Tamil Nadu Science and Technology Centre as an approved institution under section 35(1)(ii) for scientific research, effective 1-4-1986 to 31-3-1989, subject to conditions: maintain a separate research account; file annual research returns by 30 April; submit audited accounts, income and expenditure statement, and balance-sheet to the prescribed authority and the Commissioner by 30 June; and apply for extension at least three months before approval expiry.
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Approval under section 35(1)(ii) conditions research tax qualification on separate accounts, reporting, audited accounts and renewal.
Approval is granted to the Tamil Nadu Science and Technology Centre as an approved institution under section 35(1)(ii) for scientific research, effective 1-4-1986 to 31-3-1989, subject to conditions: maintain a separate research account; file annual research returns by 30 April; submit audited accounts, income and expenditure statement, and balance-sheet to the prescribed authority and the Commissioner by 30 June; and apply for extension at least three months before approval expiry.
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