Approval under section 35(1)(iii) imposes accounting, annual reporting, and audited-account submission requirements for university research. Approval under section 35(1)(iii) recognises the University Department of Chemical Technology, Bombay as a University for research-related tax purposes, subject to maintaining separate accounts for research receipts, filing an annual scientific research return to the Secretary, DSIR by 31 May, and submitting audited annual accounts to the Director-General (Exemptions), Secretary, DSIR and the relevant Commissioner/Director of Income-tax (Exemptions) by 30 June; the approval covers the notified period and sets out the procedure for applying for extension.
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)(iii) imposes accounting, annual reporting, and audited-account submission requirements for university research.
Approval under section 35(1)(iii) recognises the University Department of Chemical Technology, Bombay as a University for research-related tax purposes, subject to maintaining separate accounts for research receipts, filing an annual scientific research return to the Secretary, DSIR by 31 May, and submitting audited annual accounts to the Director-General (Exemptions), Secretary, DSIR and the relevant Commissioner/Director of Income-tax (Exemptions) by 30 June; the approval covers the notified period and sets out the procedure for applying for extension.
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