Approval under section 35(1)(iii) converted to time-bound status, subject to mandatory accounting, annual reporting, audit, and renewal applications. Approval under section 35(1)(iii) for the Indian Econometric Society, Hyderabad is converted to a time-bound approval valid until 31-3-89, conditional on maintaining a separate research fund account, furnishing annual scientific research returns by 30th April, submitting audited annual accounts and balance sheet to the prescribed authority and the Commissioner by 30th June, and applying to the Central Board of Direct Taxes at least three months before expiry for any extension.
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)(iii) converted to time-bound status, subject to mandatory accounting, annual reporting, audit, and renewal applications.
Approval under section 35(1)(iii) for the Indian Econometric Society, Hyderabad is converted to a time-bound approval valid until 31-3-89, conditional on maintaining a separate research fund account, furnishing annual scientific research returns by 30th April, submitting audited annual accounts and balance sheet to the prescribed authority and the Commissioner by 30th June, and applying to the Central Board of Direct Taxes at least three months before expiry for any extension.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
