Approval under section 35(1)(iii): institute must maintain separate research accounts and file annual returns and audited accounts. Approval of the National Institute of Urban Affairs as an Institution under clause (iii) of sub section (1) of section 35 is subject to conditions: maintain separate research accounts; file annual returns of scientific research activities in prescribed forms by the annual deadline; submit audited annual accounts, income and expenditure and balance sheet to the prescribed authority and tax authorities by the annual deadline; and apply for extension of approval before expiry, with late applications liable to rejection.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(iii): institute must maintain separate research accounts and file annual returns and audited accounts.
Approval of the National Institute of Urban Affairs as an Institution under clause (iii) of sub section (1) of section 35 is subject to conditions: maintain separate research accounts; file annual returns of scientific research activities in prescribed forms by the annual deadline; submit audited annual accounts, income and expenditure and balance sheet to the prescribed authority and tax authorities by the annual deadline; and apply for extension of approval before expiry, with late applications liable to rejection.
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