Research approval under Section 35 requires separate research accounts, annual returns, audited accounts and extension applications. Hyderabad Science Society is approved under section 35(1)(ii) as an Association for scientific research, subject to conditions: maintain separate research accounts; furnish annual research returns to the Secretary, Department of Scientific and Industrial Research by the annual deadline; submit audited annual accounts to designated tax and departmental authorities by the prescribed date; and apply in triplicate through the jurisdictional tax officer for extension of approval three months before expiry while supplying additional copies to the Department.
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Provisions expressly mentioned in the judgment/order text.
Research approval under Section 35 requires separate research accounts, annual returns, audited accounts and extension applications.
Hyderabad Science Society is approved under section 35(1)(ii) as an Association for scientific research, subject to conditions: maintain separate research accounts; furnish annual research returns to the Secretary, Department of Scientific and Industrial Research by the annual deadline; submit audited annual accounts to designated tax and departmental authorities by the prescribed date; and apply in triplicate through the jurisdictional tax officer for extension of approval three months before expiry while supplying additional copies to the Department.
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