Introducing the βIn Favour Ofβ filter in Case Laws.
- βοΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- π Narrow down results with higher precision
Try it now in Case Laws β


Just a moment...
Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Hospital Research Centre Approved for Tax Benefits Under Section 35(1)(ii) of Income-tax Act, 1961</h1> The National Hospital and Medical Research Centre in Bombay has been approved by the Department of Scientific and Industrial Research for the purposes of section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 1987, to March 31, 1988. The institution must maintain separate accounts for scientific research funds, submit annual returns of its research activities by May 31, and provide audited accounts and balance sheets by June 30 each year to the prescribed authority and the Central Board of Direct Taxes. Additionally, it must apply for approval extension three months before expiry, with late applications subject to rejection.