Research expenditure approval under section 35(1)(ii) requires separate accounts, annual returns and audited accounts to authorities. Approval is granted to Jayramdas Patel Scientific Research Foundation, Delhi, under section 35(1)(ii) as an 'Association' subject to conditions: maintain separate research accounts; furnish annual research returns to the Secretary, Department of Scientific and Industrial Research by 31st May; submit audited annual accounts to the Director-General (Income-tax Exemptions), the Secretary, and the jurisdictional Commissioner/Director of Income-tax (Exemptions) by 30th June; and apply in triplicate for extension through the jurisdictional tax authority three months before expiry while providing 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 expenditure approval under section 35(1)(ii) requires separate accounts, annual returns and audited accounts to authorities.
Approval is granted to Jayramdas Patel Scientific Research Foundation, Delhi, under section 35(1)(ii) as an "Association" subject to conditions: maintain separate research accounts; furnish annual research returns to the Secretary, Department of Scientific and Industrial Research by 31st May; submit audited annual accounts to the Director-General (Income-tax Exemptions), the Secretary, and the jurisdictional Commissioner/Director of Income-tax (Exemptions) by 30th June; and apply in triplicate for extension through the jurisdictional tax authority three months before expiry while providing six copies to the Secretary.
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