Approval under section 35(1)(iii) grants institution tax recognition subject to separate accounts, annual returns, audited accounts and renewal. Approval is granted to the Social Policy Research Institute, Jaipur, as an Institution under clause (iii) of sub section (1) of section 35 of the Income tax Act, 1961, effective from 1 April 1988 to 31 March 1989, subject to conditions requiring a separate account for research sums, prescribed annual returns by 31 May, audited annual accounts and balance sheet submission by 30 June to the prescribed authority with copies to tax authorities, and timely application for extension before approval 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.
Approval under section 35(1)(iii) grants institution tax recognition subject to separate accounts, annual returns, audited accounts and renewal.
Approval is granted to the Social Policy Research Institute, Jaipur, as an Institution under clause (iii) of sub section (1) of section 35 of the Income tax Act, 1961, effective from 1 April 1988 to 31 March 1989, subject to conditions requiring a separate account for research sums, prescribed annual returns by 31 May, audited annual accounts and balance sheet submission by 30 June to the prescribed authority with copies to tax authorities, and timely application for extension before approval expiry.
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