Research institution approval under section 35(1)(ii) requires annual returns, audited accounts, and timely extension filings. Approval granted to Consumer Education and Research Centre as a research institution requires maintenance of a separate research account; annual research returns to the Department of Scientific and Industrial Research by 31 May; audited annual accounts showing income, expenditure, assets and liabilities to be submitted to the Director General (Income tax Exemptions), the Secretary of the Department of Scientific and Industrial Research, and the local Commissioner/Director by 30 June; and an application in triplicate for extension via the local Commissioner/Director three months before expiry plus six copies to the Secretary. Approval effective 1 April 1989-31 March 1990.
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 annual returns, audited accounts, and timely extension filings.
Approval granted to Consumer Education and Research Centre as a research institution requires maintenance of a separate research account; annual research returns to the Department of Scientific and Industrial Research by 31 May; audited annual accounts showing income, expenditure, assets and liabilities to be submitted to the Director General (Income tax Exemptions), the Secretary of the Department of Scientific and Industrial Research, and the local Commissioner/Director by 30 June; and an application in triplicate for extension via the local Commissioner/Director three months before expiry plus six copies to the Secretary. Approval effective 1 April 1989-31 March 1990.
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