Approval under section 35(1)(ii) requires separate research accounts, annual research returns, audited accounts, and renewal application. Approval under section 35(1)(ii) is granted to the Indian Cancer Society, Solapur, as an institution for research-related income-tax benefits subject to conditions: maintain a separate research account; furnish annual returns of scientific research activities to the Department of Scientific and Industrial Research by 31 May; submit audited annual accounts to specified tax and research authorities by 30 June; and apply for extension of approval through prescribed channels three months before expiry while providing six copies to the Department Secretary.
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) requires separate research accounts, annual research returns, audited accounts, and renewal application.
Approval under section 35(1)(ii) is granted to the Indian Cancer Society, Solapur, as an institution for research-related income-tax benefits subject to conditions: maintain a separate research account; furnish annual returns of scientific research activities to the Department of Scientific and Industrial Research by 31 May; submit audited annual accounts to specified tax and research authorities by 30 June; and apply for extension of approval through prescribed channels three months before expiry while providing six copies to the Department Secretary.
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