Approval under section 35(1)(ii) establishes tax-approved status subject to annual research reporting, audited accounts, and renewal conditions. Approval under Section 35(1)(ii) recognizes Nizam's Institute of Medical Sciences as an approved Institution for research-related tax purposes for the period 1-4-86 to 31-3-88, subject to conditions requiring separate research accounts, annual research returns by 31st May, audited annual accounts and balance-sheet submissions by 30th June to the prescribed authority and tax authorities, and timely application for extension to the Central Board of Direct Taxes.
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) establishes tax-approved status subject to annual research reporting, audited accounts, and renewal conditions.
Approval under Section 35(1)(ii) recognizes Nizam's Institute of Medical Sciences as an approved Institution for research-related tax purposes for the period 1-4-86 to 31-3-88, subject to conditions requiring separate research accounts, annual research returns by 31st May, audited annual accounts and balance-sheet submissions by 30th June to the prescribed authority and tax authorities, and timely application for extension to the Central Board of Direct Taxes.
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