Research association approval under section 35(1)(ii) requires separate accounts, DSIR returns, audited accounts and renewal application. Jain Vishva Bharati, Rajasthan was approved as an Association for purposes of research-related income-tax approval for the period 1 April 1989 to 31 March 1990. The approval is conditional on maintaining separate accounts for research receipts; filing annual research activity returns to the Secretary, Department of Scientific and Industrial Research by 31 May; submitting audited annual accounts showing income, expenditure, assets and liabilities to specified tax and DSIR authorities by 30 June; and applying in triplicate for extension through the tax jurisdictional officer with six copies to the Secretary three months before expiry.
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Research association approval under section 35(1)(ii) requires separate accounts, DSIR returns, audited accounts and renewal application.
Jain Vishva Bharati, Rajasthan was approved as an Association for purposes of research-related income-tax approval for the period 1 April 1989 to 31 March 1990. The approval is conditional on maintaining separate accounts for research receipts; filing annual research activity returns to the Secretary, Department of Scientific and Industrial Research by 31 May; submitting audited annual accounts showing income, expenditure, assets and liabilities to specified tax and DSIR authorities by 30 June; and applying in triplicate for extension through the tax jurisdictional officer with six copies to the Secretary three months before expiry.
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