Approval under Section 35(1)(ii) requires institutions to keep separate research accounts and file annual audited returns. Approval under Section 35(1)(ii) is granted to the institution on condition that it maintains a separate account for research funds, furnishes annual returns of research activities to the Department of Scientific and Industrial Research by 31 May, submits audited annual accounts showing income, expenditure and assets and liabilities to designated tax and research authorities by 30 June, and applies in triplicate through the local tax office for extension of approval three months before expiry while providing additional copies to the Secretary, Department of Scientific and Industrial Research.
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 institutions to keep separate research accounts and file annual audited returns.
Approval under Section 35(1)(ii) is granted to the institution on condition that it maintains a separate account for research funds, furnishes annual returns of research activities to the Department of Scientific and Industrial Research by 31 May, submits audited annual accounts showing income, expenditure and assets and liabilities to designated tax and research authorities by 30 June, and applies in triplicate through the local tax office for extension of approval three months before expiry while providing additional copies to the Secretary, Department of Scientific and Industrial Research.
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