Tax exemption approval requires institution to maintain separate research accounts and furnish annual audited returns. Approval is granted to Kasturba Health Society as an institution for income tax research deductions, conditional on maintaining a separate research account, furnishing annual research returns to the Department of Scientific and Industrial Research, and submitting audited annual accounts to the Director General (Income tax Exemptions), the Secretary, and the local tax commissioner/director by the prescribed annual dates; extension requires triplicate application through the local tax authority and additional copies to the Department.
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Tax exemption approval requires institution to maintain separate research accounts and furnish annual audited returns.
Approval is granted to Kasturba Health Society as an institution for income tax research deductions, conditional on maintaining a separate research account, furnishing annual research returns to the Department of Scientific and Industrial Research, and submitting audited annual accounts to the Director General (Income tax Exemptions), the Secretary, and the local tax commissioner/director by the prescribed annual dates; extension requires triplicate application through the local tax authority and additional copies to the Department.
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