Approval under section 35(1)(ii) requires separate research accounts, annual returns and audited accounts for research associations. Approval under section 35(1)(ii) is granted to the Eye Research Centre, Madras, as an 'Association' subject to conditions: maintain separate accounts for research receipts; file annual returns of scientific research activities by 31 May; submit audited annual accounts and balance-sheet to the prescribed authority by 30 June and supply copies to tax authorities and the concerned income-tax commissioner; and apply for extension at least three months before approval expiry, with late applications liable to rejection. The notification specifies the effective approval period for the institution.
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 separate research accounts, annual returns and audited accounts for research associations.
Approval under section 35(1)(ii) is granted to the Eye Research Centre, Madras, as an "Association" subject to conditions: maintain separate accounts for research receipts; file annual returns of scientific research activities by 31 May; submit audited annual accounts and balance-sheet to the prescribed authority by 30 June and supply copies to tax authorities and the concerned income-tax commissioner; and apply for extension at least three months before approval expiry, with late applications liable to rejection. The notification specifies the effective approval period for the institution.
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