Scientific research approval granted to institute subject to separate accounting and annual audited reporting deadlines. Approval is granted to Aspee Research Institute as an association for purposes of section 35(1)(ii), subject to maintaining a separate account for scientific research, furnishing annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May each year, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the relevant Commissioner/Director by 30th 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.
Scientific research approval granted to institute subject to separate accounting and annual audited reporting deadlines.
Approval is granted to Aspee Research Institute as an association for purposes of section 35(1)(ii), subject to maintaining a separate account for scientific research, furnishing annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May each year, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the relevant Commissioner/Director by 30th June each year.
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