Approval under section 35(1)(iii): institution recognised for scientific research subject to annual accounts, returns and renewal requirements. Times Research Foundation, New Delhi is approved under section 35(1)(iii) as an eligible research institution for the stated period, conditional on maintaining a separate account for research receipts, furnishing annual research activity returns by 31 May, submitting audited accounts and balance-sheet copies to prescribed tax authorities by 30 June, and applying for approval extension before expiry to avoid rejection.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(iii): institution recognised for scientific research subject to annual accounts, returns and renewal requirements.
Times Research Foundation, New Delhi is approved under section 35(1)(iii) as an eligible research institution for the stated period, conditional on maintaining a separate account for research receipts, furnishing annual research activity returns by 31 May, submitting audited accounts and balance-sheet copies to prescribed tax authorities by 30 June, and applying for approval extension before expiry to avoid rejection.
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