Approval under section 35(1)(ii) grants institutional research exemption subject to annual returns and audited accounts filing. Hexamar Agricultural Research and Development Foundation is approved as an institution under section 35(1)(ii) for 1 April 1989-31 March 1990, subject to maintaining separate research accounts, furnishing annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, submitting audited annual accounts to designated tax and DSIR authorities by 30 June, and applying in triplicate through the local tax authority for extension at least three months before expiry while sending six copies to the Secretary, DSIR.
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) grants institutional research exemption subject to annual returns and audited accounts filing.
Hexamar Agricultural Research and Development Foundation is approved as an institution under section 35(1)(ii) for 1 April 1989-31 March 1990, subject to maintaining separate research accounts, furnishing annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, submitting audited annual accounts to designated tax and DSIR authorities by 30 June, and applying in triplicate through the local tax authority for extension at least three months before expiry while sending six copies to the Secretary, DSIR.
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