Research approval under section 35(1)(ii) grants tax recognition subject to separate accounts and annual reporting requirements. Approval was granted to Dr. Jivraj Mehta Smarak Health Foundation, Ahmedabad as an approved institution for scientific research under the category 'Association,' subject to maintaining separate accounts for research receipts, furnishing prescribed annual returns of research activities by 31st May, submitting audited annual accounts and balance-sheets to the prescribed authority and tax offices by 30th June, and applying for extension before expiry. The approval is effective 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.
Research approval under section 35(1)(ii) grants tax recognition subject to separate accounts and annual reporting requirements.
Approval was granted to Dr. Jivraj Mehta Smarak Health Foundation, Ahmedabad as an approved institution for scientific research under the category "Association," subject to maintaining separate accounts for research receipts, furnishing prescribed annual returns of research activities by 31st May, submitting audited annual accounts and balance-sheets to the prescribed authority and tax offices by 30th June, and applying for extension before expiry. The approval is effective from 1 April 1988 to 31 March 1989.
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