Approval under section 35(1)(ii): institution recognised for research tax purposes subject to reporting and account compliance. Approval is granted to the All India Heart Foundation as an institution for the purposes of section 35(1)(ii) of the Income-tax Act, effective 1 April 1989 to 31 March 1990, subject to conditions: maintain separate accounts for scientific research; furnish annual research returns to the Secretary, Department of Scientific and Industrial Research by 31 May; submit audited annual accounts to specified authorities by 30 June; and apply in triplicate for extension through the Commissioner/Director of Income-tax three months before expiry, with six copies to the Secretary.
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): institution recognised for research tax purposes subject to reporting and account compliance.
Approval is granted to the All India Heart Foundation as an institution for the purposes of section 35(1)(ii) of the Income-tax Act, effective 1 April 1989 to 31 March 1990, subject to conditions: maintain separate accounts for scientific research; furnish annual research returns to the Secretary, Department of Scientific and Industrial Research by 31 May; submit audited annual accounts to specified authorities by 30 June; and apply in triplicate for extension through the Commissioner/Director of Income-tax three months before expiry, with six copies to the Secretary.
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