Approval under section 35(1)(ii) recognition requires separate research accounts, annual audited returns and timely renewal application. Approval is granted to Skin Institute Research Society under Section 35(1)(ii) as an 'Institution' subject to maintaining a separate account for research receipts, furnishing annual returns of scientific research activities by 31 May, submitting audited annual accounts and balance-sheet to the prescribed authority by 30 June with copies to the Central Board of Direct Taxes, DGIT (Exemption) and the concerned Commissioner, and applying for extension before approval expiry. The notification is effective from 23 March 1989 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.
Approval under section 35(1)(ii) recognition requires separate research accounts, annual audited returns and timely renewal application.
Approval is granted to Skin Institute Research Society under Section 35(1)(ii) as an "Institution" subject to maintaining a separate account for research receipts, furnishing annual returns of scientific research activities by 31 May, submitting audited annual accounts and balance-sheet to the prescribed authority by 30 June with copies to the Central Board of Direct Taxes, DGIT (Exemption) and the concerned Commissioner, and applying for extension before approval expiry. The notification is effective from 23 March 1989 to 31 March 1989.
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