Research institution approval under section 35(1)(ii) requires annual returns, audited accounts, and periodic extension applications. Approval is granted to Vivekananda Medical Research Society as an Institution under section 35(1)(ii) of the Income-tax Act for the specified year, subject to maintaining a separate research account, furnishing annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to the Director-General (Income-tax Exemptions), the Secretary, and the relevant Commissioner/Director by 30 June. Applications for extension must be filed in triplicate through the local Commissioner/Director 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.
Research institution approval under section 35(1)(ii) requires annual returns, audited accounts, and periodic extension applications.
Approval is granted to Vivekananda Medical Research Society as an Institution under section 35(1)(ii) of the Income-tax Act for the specified year, subject to maintaining a separate research account, furnishing annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to the Director-General (Income-tax Exemptions), the Secretary, and the relevant Commissioner/Director by 30 June. Applications for extension must be filed in triplicate through the local Commissioner/Director three months before expiry with six copies to the Secretary.
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