Research institution approval under income-tax rules conditions compliance, annual returns and audited account filings required. An organisation is approved as an Institution under clause (ii) of sub-section (1) of section 35 for tax purposes, subject to maintaining separate accounts for scientific research, filing an annual scientific research return to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General (Exemptions), the Secretary, DSIR and the local tax Commissioner/Director by 30 June each year.
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.
Research institution approval under income-tax rules conditions compliance, annual returns and audited account filings required.
An organisation is approved as an Institution under clause (ii) of sub-section (1) of section 35 for tax purposes, subject to maintaining separate accounts for scientific research, filing an annual scientific research return to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General (Exemptions), the Secretary, DSIR and the local tax Commissioner/Director by 30 June each year.
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