Approval under section 35(1)(ii): institution status granted subject to separate research accounts, returns, audits and extension procedures. Approval is granted to Karnataka Cancer Therapy, Navanagar, as an Institution under section 35(1)(ii) subject to conditions: maintaining a separate account for scientific research receipts; furnishing annual returns of research activities to the Secretary, Department of Scientific and Industrial Research by the prescribed annual deadline; filing audited annual accounts with the Director-General (Income-tax Exemptions), the Secretary, Department of Scientific and Industrial Research, and the relevant Income-tax authority by the specified annual date; and applying in triplicate through local tax authorities for extension of approval within the required pre-expiry period.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(ii): institution status granted subject to separate research accounts, returns, audits and extension procedures.
Approval is granted to Karnataka Cancer Therapy, Navanagar, as an Institution under section 35(1)(ii) subject to conditions: maintaining a separate account for scientific research receipts; furnishing annual returns of research activities to the Secretary, Department of Scientific and Industrial Research by the prescribed annual deadline; filing audited annual accounts with the Director-General (Income-tax Exemptions), the Secretary, Department of Scientific and Industrial Research, and the relevant Income-tax authority by the specified annual date; and applying in triplicate through local tax authorities for extension of approval within the required pre-expiry period.
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