Research institution approval under section 35(1)(iii) requires separate accounts and annual audited returns to retain tax benefits. Approval to the Administrative Staff College of India, Hyderabad under section 35(1)(iii) is conditional on maintaining a separate account for scientific research, filing annual returns of research activities by 31st May, submitting audited annual accounts and balance-sheet with copies to tax authorities by 30th June, and applying for extension at least three months before approval expiry.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Research institution approval under section 35(1)(iii) requires separate accounts and annual audited returns to retain tax benefits.
Approval to the Administrative Staff College of India, Hyderabad under section 35(1)(iii) is conditional on maintaining a separate account for scientific research, filing annual returns of research activities by 31st May, submitting audited annual accounts and balance-sheet with copies to tax authorities by 30th June, and applying for extension at least three months before approval expiry.
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