Approval under section 35(1)(ii) requires research association to maintain separate accounts and submit annual returns. Approval is granted to Dr. Jivraj Mehta Smarak Health Foundations, Ahmedabad, as an approved institution under section 35(1)(ii) in the category 'Association', subject to maintaining a separate account for scientific research; furnishing annual returns of scientific research activities by 31st May each year; submitting audited annual accounts, income and expenditure statements and balance-sheet to the prescribed authority, the Central Board of Direct Taxes and the concerned Commissioner by 30th June each year; and applying for extension to the Central Board of Direct Taxes 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.
Approval under section 35(1)(ii) requires research association to maintain separate accounts and submit annual returns.
Approval is granted to Dr. Jivraj Mehta Smarak Health Foundations, Ahmedabad, as an approved institution under section 35(1)(ii) in the category "Association", subject to maintaining a separate account for scientific research; furnishing annual returns of scientific research activities by 31st May each year; submitting audited annual accounts, income and expenditure statements and balance-sheet to the prescribed authority, the Central Board of Direct Taxes and the concerned Commissioner by 30th June each year; and applying for extension to the Central Board of Direct Taxes at least three months before approval expiry.
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