Research exemption approval under income tax granted subject to annual audited accounts, returns and renewal application requirements. Approval under section 35(1)(iii) is granted to The Institute of Peace Research and Action as an Association, conditional on maintaining a separate account for research receipts, furnishing annual research returns to the Secretary, Department of Scientific and Industrial Research by 31st May, submitting audited annual accounts to designated tax and DSIR authorities by 30th June, and applying in triplicate through the relevant tax authority for extension three months before expiry while providing six copies to the DSIR 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 exemption approval under income tax granted subject to annual audited accounts, returns and renewal application requirements.
Approval under section 35(1)(iii) is granted to The Institute of Peace Research and Action as an Association, conditional on maintaining a separate account for research receipts, furnishing annual research returns to the Secretary, Department of Scientific and Industrial Research by 31st May, submitting audited annual accounts to designated tax and DSIR authorities by 30th June, and applying in triplicate through the relevant tax authority for extension three months before expiry while providing six copies to the DSIR Secretary.
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