Research institution tax approval requires separate research accounts, annual returns, audited accounts and renewal application conditions. Approval is granted to the Model Institute of Educational Research, Jammu, as an institution for purposes of the Income-tax Act research provision, conditioned on maintaining a separate account for research funds, furnishing annual research returns to the Department of Scientific and Industrial Research by the prescribed deadline, and submitting audited annual accounts to specified authorities by the stated annual date.
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 tax approval requires separate research accounts, annual returns, audited accounts and renewal application conditions.
Approval is granted to the Model Institute of Educational Research, Jammu, as an institution for purposes of the Income-tax Act research provision, conditioned on maintaining a separate account for research funds, furnishing annual research returns to the Department of Scientific and Industrial Research by the prescribed deadline, and submitting audited annual accounts to specified authorities by the stated annual date.
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