Research institution approval under section 35(1)(ii) requires separate research accounts, annual returns and audited submissions. Approval of Mothers of Research as an Institution under section 35(1)(ii) is conditional on maintaining separate research accounts, furnishing annual returns of scientific research activities by 31st May, submitting audited accounts and balance sheet to the prescribed authority, the central tax board and the concerned income-tax commissioner by 30th June, and applying for extension at least three months before expiry; late renewal applications may be rejected.
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, annual returns and audited submissions.
Approval of Mothers of Research as an Institution under section 35(1)(ii) is conditional on maintaining separate research accounts, furnishing annual returns of scientific research activities by 31st May, submitting audited accounts and balance sheet to the prescribed authority, the central tax board and the concerned income-tax commissioner by 30th June, and applying for extension at least three months before expiry; late renewal applications may be rejected.
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