Research approval under section 35(1)(ii): conditional compliance requires separate research accounts, annual returns, audited accounts. Approval under section 35(1)(ii), as an Association, is granted to Pune Medical Research Society for 1-4-1987 to 31-3-1988 subject to conditions: maintain separate accounts for scientific research; file annual research activity returns by 31 May; submit audited annual accounts, income and expenditure statement, and balance-sheet by 30 June to the prescribed authority with copies to the Central Board of Direct Taxes and the concerned Commissioner; and apply for extension at least three months before approval expiry.
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Research approval under section 35(1)(ii): conditional compliance requires separate research accounts, annual returns, audited accounts.
Approval under section 35(1)(ii), as an Association, is granted to Pune Medical Research Society for 1-4-1987 to 31-3-1988 subject to conditions: maintain separate accounts for scientific research; file annual research activity returns by 31 May; submit audited annual accounts, income and expenditure statement, and balance-sheet by 30 June to the prescribed authority with copies to the Central Board of Direct Taxes and the concerned Commissioner; and apply for extension at least three months before approval expiry.
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