Approval under Section 35(1)(ii) for scientific research requires separate research accounts, annual DSIR return and audited accounts submission. Approval under Section 35(1)(ii) is granted to Ahmedabad Textile Industries Research Association for 1-4-1990 to 31-3-1991, subject to maintaining a separate account for scientific research receipts; filing an annual return of research activities to the Secretary, Department of Scientific and Industrial Research by 31 May; and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the local Commissioner/Director of Income-tax (Exemptions) 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.
Approval under Section 35(1)(ii) for scientific research requires separate research accounts, annual DSIR return and audited accounts submission.
Approval under Section 35(1)(ii) is granted to Ahmedabad Textile Industries Research Association for 1-4-1990 to 31-3-1991, subject to maintaining a separate account for scientific research receipts; filing an annual return of research activities to the Secretary, Department of Scientific and Industrial Research by 31 May; and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the local Commissioner/Director of Income-tax (Exemptions) by 30 June each year.
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