Research institution approval under section 35(1)(iii) granted, subject to separate accounts, annual returns and audited submissions. Approval is granted to Shri Sohanlal Jain Vidya Prasarak Samiti, Faridabad under section 35(1)(iii) of the Income-tax Act, 1961, effective 1 April 1988 to 31 March 1989, subject to conditions requiring separate research accounts, annual returns of scientific research activities by 31 May, submission of audited accounts and balance-sheet with copies to tax authorities by 30 June, and timely application for extension of approval before 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 institution approval under section 35(1)(iii) granted, subject to separate accounts, annual returns and audited submissions.
Approval is granted to Shri Sohanlal Jain Vidya Prasarak Samiti, Faridabad under section 35(1)(iii) of the Income-tax Act, 1961, effective 1 April 1988 to 31 March 1989, subject to conditions requiring separate research accounts, annual returns of scientific research activities by 31 May, submission of audited accounts and balance-sheet with copies to tax authorities by 30 June, and timely application for extension of approval before expiry.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.