Approval under section 35(1)(iii) requires research institute to maintain separate accounts and file annual audited returns. Approval is granted to Sri Aurobindo International Institute of Educational Research, Tamil Nadu, as an Institution for purposes of approval under section 35(1)(iii) of the Income-tax Act, 1961, subject to conditions: maintain separate accounts for scientific research; furnish annual returns of research activities by 31 May; submit audited accounts and balance-sheet by 30 June to the prescribed authority and send copies to the Central Board of Direct Taxes and the Commissioner; and apply for extension at least three months before expiry. Effective period: 1 April 1987 to 31 March 1988.
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Approval under section 35(1)(iii) requires research institute to maintain separate accounts and file annual audited returns.
Approval is granted to Sri Aurobindo International Institute of Educational Research, Tamil Nadu, as an Institution for purposes of approval under section 35(1)(iii) of the Income-tax Act, 1961, subject to conditions: maintain separate accounts for scientific research; furnish annual returns of research activities by 31 May; submit audited accounts and balance-sheet by 30 June to the prescribed authority and send copies to the Central Board of Direct Taxes and the Commissioner; and apply for extension at least three months before expiry. Effective period: 1 April 1987 to 31 March 1988.
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