Approval under section 35(1)(ii) conditions research tax treatment with separate accounts, annual returns, audited filings, and renewal timing. Approval under section 35(1)(ii) is granted to Viklang Kendra Rural Research Society as an Association, conditional on maintaining a separate account for research funds, filing annual scientific-research returns by 30 April, submitting audited accounts and balance-sheet copies to the prescribed authority and the Commissioner by 30 June, and applying for approval extension at least three months before expiry; late applications risk rejection. The approval is effective from 14-6-1986 to 31-3-1988.
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Approval under section 35(1)(ii) conditions research tax treatment with separate accounts, annual returns, audited filings, and renewal timing.
Approval under section 35(1)(ii) is granted to Viklang Kendra Rural Research Society as an Association, conditional on maintaining a separate account for research funds, filing annual scientific-research returns by 30 April, submitting audited accounts and balance-sheet copies to the prescribed authority and the Commissioner by 30 June, and applying for approval extension at least three months before expiry; late applications risk rejection. The approval is effective from 14-6-1986 to 31-3-1988.
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