Research institution approval under section 35(1)(ii) requires separate research accounts and annual audited returns and renewal application. Approval under section 35(1)(ii) was granted to Lokmanya Medical Research Centre, Pune, subject to maintaining separate research accounts, filing annual returns of scientific research by 31st May, submitting audited annual accounts and balance sheet to the prescribed authority by 30th June with copies to the Central Board of Direct Taxes and the Commissioner of Income-tax, and applying for renewal three months 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.
Research institution approval under section 35(1)(ii) requires separate research accounts and annual audited returns and renewal application.
Approval under section 35(1)(ii) was granted to Lokmanya Medical Research Centre, Pune, subject to maintaining separate research accounts, filing annual returns of scientific research by 31st May, submitting audited annual accounts and balance sheet to the prescribed authority by 30th June with copies to the Central Board of Direct Taxes and the Commissioner of Income-tax, and applying for renewal three months before expiry.
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