Research institution approval under section 35(1)(iii) requires separate research accounts, annual audited returns and timely renewal. Sangit Mahabharti is approved as an Institution under clause (iii) of sub section (1) of section 35, subject to maintaining a separate account for research receipts, furnishing annual returns of scientific research by 31st May, submitting audited annual accounts and balance sheet to the prescribed authority and tax offices by 30th June, and applying for renewal before the approval's expiry to avoid rejection.
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.
Research institution approval under section 35(1)(iii) requires separate research accounts, annual audited returns and timely renewal.
Sangit Mahabharti is approved as an Institution under clause (iii) of sub section (1) of section 35, subject to maintaining a separate account for research receipts, furnishing annual returns of scientific research by 31st May, submitting audited annual accounts and balance sheet to the prescribed authority and tax offices by 30th June, and applying for renewal before the approval's expiry to avoid rejection.
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