Research institution approval requires annual scientific returns, audited accounts, and prescribed renewal applications within set timelines. Jaslok Hospital and Research Centre is approved as an institution under clause (ii) of sub section (1) of section 35, subject to conditions: maintain a separate account for research receipts; furnish annual scientific research returns to the Department of Scientific and Industrial Research by 31st May; submit audited annual accounts showing income, expenditure, assets and liabilities to specified tax and research authorities by 30th June; and apply in triplicate for extension through the jurisdictional tax authority three months before expiry while providing six copies to the Department for extension.
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Provisions expressly mentioned in the judgment/order text.
Research institution approval requires annual scientific returns, audited accounts, and prescribed renewal applications within set timelines.
Jaslok Hospital and Research Centre is approved as an institution under clause (ii) of sub section (1) of section 35, subject to conditions: maintain a separate account for research receipts; furnish annual scientific research returns to the Department of Scientific and Industrial Research by 31st May; submit audited annual accounts showing income, expenditure, assets and liabilities to specified tax and research authorities by 30th June; and apply in triplicate for extension through the jurisdictional tax authority three months before expiry while providing six copies to the Department for extension.
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