Approval of research institution under section 35(1)(iii) imposes ongoing accounting and annual reporting obligations to tax authorities. Approval under section 35(1)(iii) recognises the National Law School of India University as an Approved Institution for scientific research, requiring maintenance of a separate research account, annual research returns by 31st May, and submission of audited annual accounts and balance-sheet to the prescribed authority and tax offices by 30th June; renewal applications must be filed three months before 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 of research institution under section 35(1)(iii) imposes ongoing accounting and annual reporting obligations to tax authorities.
Approval under section 35(1)(iii) recognises the National Law School of India University as an Approved Institution for scientific research, requiring maintenance of a separate research account, annual research returns by 31st May, and submission of audited annual accounts and balance-sheet to the prescribed authority and tax offices by 30th June; renewal applications must be filed three months before expiry.
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