Approval under section 35(1)(ii) granted with obligations for separate research accounts and annual audited reporting. Approval granted to Hyderabad Science Society as an approved institution for research-related tax purposes for 1 April 1988-31 March 1989, subject to maintaining a separate account for research receipts, furnishing annual returns of research activities by 31 May, submitting audited annual accounts and balance-sheet to the prescribed authority by 30 June with copies to relevant tax authorities, and applying for extension of approval before its expiry to avoid rejection.
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) granted with obligations for separate research accounts and annual audited reporting.
Approval granted to Hyderabad Science Society as an approved institution for research-related tax purposes for 1 April 1988-31 March 1989, subject to maintaining a separate account for research receipts, furnishing annual returns of research activities by 31 May, submitting audited annual accounts and balance-sheet to the prescribed authority by 30 June with copies to relevant tax authorities, and applying for extension of approval before its expiry to avoid rejection.
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