Approved Institution Ramniranjan Jhunjhunwala College, Bombay u/s 35(1)(ii) - S.O.2226 - Income Tax

Research approval under the Income-tax Act: college recognised conditionally, requiring separate research accounts and annual reporting.

Approval is granted to Ramniranjan Jhunjhunwala College as an institution eligible under the Income-tax Act research approval provision for the category 'College' from 1 April 1987 to 31 March 1990, conditional on maintaining a separate research account, filing annual research returns by 31 May, submitting audited accounts and balance-sheet copies by 30 June to the prescribed authority and tax authorities, and applying for extension at least three months before approval expiry.