Approval under section 35(1)(ii) conditions research expenditure tax treatment and sets reporting and renewal obligations. Approval under section 35(1)(ii) is granted to Aspee Agriculture Research and Development Foundation, Bombay as an 'Association', conditional on maintaining a separate account for scientific research, filing annual returns of research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to specified tax and research authorities by 30 June. The approval applies from 1 April 1989 to 31 March 1990 and requires a triplicate application through the local tax authority and six copies to the Secretary for any extension, made at least three months before expiry.
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.
Approval under section 35(1)(ii) conditions research expenditure tax treatment and sets reporting and renewal obligations.
Approval under section 35(1)(ii) is granted to Aspee Agriculture Research and Development Foundation, Bombay as an "Association", conditional on maintaining a separate account for scientific research, filing annual returns of research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to specified tax and research authorities by 30 June. The approval applies from 1 April 1989 to 31 March 1990 and requires a triplicate application through the local tax authority and six copies to the Secretary for any extension, made at least three months before expiry.
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