Research institution tax approval under section 35(1)(ii) granted, requiring annual returns, audited accounts, and renewal application. Kerala Forest Research Institute, Trichur, is approved as an institution under the Income-tax Act for research-related tax treatment, subject to maintaining separate research accounts; furnishing annual returns of scientific research activities to the Department of Scientific and Industrial Research by 31 May; submitting audited annual accounts to the Director General (Income tax Exemptions), the Secretary, Department of Scientific and Industrial Research, and the local Commissioner/Director by 30 June; and following the prescribed triplicate extension application procedure through the local tax authority and submitting six copies to the Secretary. The approval is effective from 1 April 1989 to 31 March 1990.
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Research institution tax approval under section 35(1)(ii) granted, requiring annual returns, audited accounts, and renewal application.
Kerala Forest Research Institute, Trichur, is approved as an institution under the Income-tax Act for research-related tax treatment, subject to maintaining separate research accounts; furnishing annual returns of scientific research activities to the Department of Scientific and Industrial Research by 31 May; submitting audited annual accounts to the Director General (Income tax Exemptions), the Secretary, Department of Scientific and Industrial Research, and the local Commissioner/Director by 30 June; and following the prescribed triplicate extension application procedure through the local tax authority and submitting six copies to the Secretary. The approval is effective from 1 April 1989 to 31 March 1990.
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