Research institution approval under section 35(1)(iii): approval conditional on separate research accounts, annual returns, audited accounts, and timely renewal. Approval of the Pan Asian Management and Rural Research Organisation as an institution under section 35(1)(iii) is effective for 1 April 1988-31 March 1989, subject to maintaining separate research accounts, filing annual research returns by 31 May, furnishing audited accounts and balance-sheet with copies to tax authorities by 30 June, and applying for extension before the approval expiry to avoid rejection.
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Provisions expressly mentioned in the judgment/order text.
Research institution approval under section 35(1)(iii): approval conditional on separate research accounts, annual returns, audited accounts, and timely renewal.
Approval of the Pan Asian Management and Rural Research Organisation as an institution under section 35(1)(iii) is effective for 1 April 1988-31 March 1989, subject to maintaining separate research accounts, filing annual research returns by 31 May, furnishing audited accounts and balance-sheet with copies to tax authorities by 30 June, and applying for extension before the approval expiry to avoid rejection.
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