Research institute approval requires separate research accounts, annual returns, audited accounts filing, and timely renewal application. Approval is granted to Harilal Jechand Doshi Medical Research Foundation, Rajkot, as an approved institution for research-related tax purposes, subject to conditions: maintain a separate account for research funds; furnish annual returns of research activities to the prescribed authority by the annual deadline; submit audited annual accounts and balance sheet to the prescribed authority, the central tax board, and the concerned income-tax commissioner by the annual deadline; and apply for extension in advance of the approval's 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 institute approval requires separate research accounts, annual returns, audited accounts filing, and timely renewal application.
Approval is granted to Harilal Jechand Doshi Medical Research Foundation, Rajkot, as an approved institution for research-related tax purposes, subject to conditions: maintain a separate account for research funds; furnish annual returns of research activities to the prescribed authority by the annual deadline; submit audited annual accounts and balance sheet to the prescribed authority, the central tax board, and the concerned income-tax commissioner by the annual deadline; and apply for extension in advance of the approval's expiry.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.