Approved Institution Nalanda Dance Research Centre, Bombay u/s 35(1)(iii) - S.O.2228 - Income Tax

Tax deduction approval under section 35(1)(iii) requires separate accounts, annual returns and audited filings to maintain approval.

Nalanda Dance Research Centre, Bombay, is approved under section 35(1)(iii) as an Institution for research-related tax purposes, subject to conditions: maintain separate research accounts; file annual research returns by 31 May; submit audited annual accounts and balance-sheet to the prescribed authority by 30 June with copies to the Central Board of Direct Taxes and the concerned Commissioner; and apply to the Central Board at least three months before approval expiry for extension.