Approval under section 35(1)(ii) grants research-institution recognition subject to annual reporting, audited accounts, and renewal application. Approval under section 35(1)(ii) recognises the Guha Institute of Biochemistry as an approved research institution provided it maintains a separate account for research funds, furnishes annual returns of research activities in prescribed forms by the prescribed deadline, and submits audited annual accounts and balance-sheet showing assets and liabilities to the prescribed authority, the Central Board of Direct Taxes and the concerned Commissioner by the prescribed annual date; renewal requires timely application before 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) grants research-institution recognition subject to annual reporting, audited accounts, and renewal application.
Approval under section 35(1)(ii) recognises the Guha Institute of Biochemistry as an approved research institution provided it maintains a separate account for research funds, furnishes annual returns of research activities in prescribed forms by the prescribed deadline, and submits audited annual accounts and balance-sheet showing assets and liabilities to the prescribed authority, the Central Board of Direct Taxes and the concerned Commissioner by the prescribed annual date; renewal requires timely application before expiry.
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