Research institution approval requires separate research accounts and annual audited filings to tax authorities and timely renewal applications. Approval is granted to the Centre for Research in Rural and Industrial Development, Chandigarh as an approved research institution subject to conditions: maintain a separate account for research funds; furnish annual scientific research returns by 31 May; submit audited annual accounts, income and expenditure statements and balance-sheet to the prescribed authority and specified tax offices by 30 June; and apply for extension of approval before expiry. The approval is effective for the period from 1 April to 31 March of the stated year.
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Research institution approval requires separate research accounts and annual audited filings to tax authorities and timely renewal applications.
Approval is granted to the Centre for Research in Rural and Industrial Development, Chandigarh as an approved research institution subject to conditions: maintain a separate account for research funds; furnish annual scientific research returns by 31 May; submit audited annual accounts, income and expenditure statements and balance-sheet to the prescribed authority and specified tax offices by 30 June; and apply for extension of approval before expiry. The approval is effective for the period from 1 April to 31 March of the stated year.
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