Research institution approval under section 35(1)(ii) requires separate accounts, annual returns, audited accounts and renewal filings. Approval is granted to Birla Research Institute for Applied Sciences as an Institution under clause (ii) of sub section (1) of section 35 of the Income tax Act, subject to maintaining separate accounts for research receipts, furnishing annual research returns to the Secretary, Department of Scientific and Industrial Research by 31st May, submitting audited annual accounts to specified tax and DSIR authorities by 30th June, and applying in triplicate through the jurisdictional tax officer for extension with 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.
Research institution approval under section 35(1)(ii) requires separate accounts, annual returns, audited accounts and renewal filings.
Approval is granted to Birla Research Institute for Applied Sciences as an Institution under clause (ii) of sub section (1) of section 35 of the Income tax Act, subject to maintaining separate accounts for research receipts, furnishing annual research returns to the Secretary, Department of Scientific and Industrial Research by 31st May, submitting audited annual accounts to specified tax and DSIR authorities by 30th June, and applying in triplicate through the jurisdictional tax officer for extension with six copies to the Secretary, DSIR.
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