Research approval under section 35(1)(ii) imposes accounting, reporting and renewal conditions for eligible associations annually. Approval is granted to Vittal Mallya Scientific Research Foundation as an association under Section 35(1)(ii) for 1 April 1988 to 31 March 1989, conditioned on maintaining a separate research account, filing annual research returns by 31 May, submitting audited accounts and balance sheet to the prescribed authority by 30 June with copies to tax authorities, and applying for extension of approval before expiry to avoid rejection.
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Provisions expressly mentioned in the judgment/order text.
Research approval under section 35(1)(ii) imposes accounting, reporting and renewal conditions for eligible associations annually.
Approval is granted to Vittal Mallya Scientific Research Foundation as an association under Section 35(1)(ii) for 1 April 1988 to 31 March 1989, conditioned on maintaining a separate research account, filing annual research returns by 31 May, submitting audited accounts and balance sheet to the prescribed authority by 30 June with copies to tax authorities, and applying for extension of approval before expiry to avoid rejection.
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