Research institute approval under section 35(1)(iii) requires timely accounts, annual returns and audited submissions to authorities. Approval is granted to the Institute of Communication and Sociological Research under section 35(1)(iii) subject to maintaining separate research accounts, furnishing annual research returns by 31st May, submitting audited annual accounts and balance-sheet to the prescribed authority by 30th June with copies to tax authorities and the Income-tax Commissioner, and applying for extension at least three months before approval 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 institute approval under section 35(1)(iii) requires timely accounts, annual returns and audited submissions to authorities.
Approval is granted to the Institute of Communication and Sociological Research under section 35(1)(iii) subject to maintaining separate research accounts, furnishing annual research returns by 31st May, submitting audited annual accounts and balance-sheet to the prescribed authority by 30th June with copies to tax authorities and the Income-tax Commissioner, and applying for extension at least three months before approval expiry.
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