Approval under section 35(1)(ii) grants conditional research-institution status, requiring separate research accounts and annual audited filings. Approval under section 35(1)(ii) recognizes Serum Institute of India Research Foundation, Pune as an association eligible for research-related tax consideration, conditioned on maintaining separate research accounts, filing annual returns of scientific research activities by 31 May, submitting audited accounts and balance-sheet copies to prescribed authorities by 30 June, and applying for extension of approval before its expiry; late renewal applications may be rejected. The notification specifies the institute's details and the approval period from 1 April 1988 to 31 March 1989.
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) grants conditional research-institution status, requiring separate research accounts and annual audited filings.
Approval under section 35(1)(ii) recognizes Serum Institute of India Research Foundation, Pune as an association eligible for research-related tax consideration, conditioned on maintaining separate research accounts, filing annual returns of scientific research activities by 31 May, submitting audited accounts and balance-sheet copies to prescribed authorities by 30 June, and applying for extension of approval before its expiry; late renewal applications may be rejected. The notification specifies the institute's details and the approval period from 1 April 1988 to 31 March 1989.
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