Approved Institution Karnataka State Sericulture Development Institute, Bangalore u/s 35(1)(ii) - S.O.2224 - Income Tax

Approval under section 35(1)(ii) confers research-association recognition subject to separate accounts, annual returns and audited filings.

Approval under section 35(1)(ii) is granted to the Karnataka State Sericulture Development Institute as an Association from 27-4-1987 to 31-3-1989, subject to maintaining separate research accounts, filing prescribed annual research returns by 31st May, submitting audited annual accounts and balance sheet to the prescribed authority by 30th June with copies to the Central Board of Direct Taxes and the Commissioner, and applying for extension at least three months before approval expiry.