Research institution approval requires separate research accounts and annual audited disclosures to tax and scientific authorities. Approval is granted to Lady Anusya Singhania Medical Research Society as an institution for income-tax purposes relating to scientific research, conditional on maintaining a separate account for research funds, furnishing annual research activity returns to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to the Director General of Income tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the relevant Commissioner/Director of Income tax (Exemptions) by 30th June each year.
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Research institution approval requires separate research accounts and annual audited disclosures to tax and scientific authorities.
Approval is granted to Lady Anusya Singhania Medical Research Society as an institution for income-tax purposes relating to scientific research, conditional on maintaining a separate account for research funds, furnishing annual research activity returns to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to the Director General of Income tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the relevant Commissioner/Director of Income tax (Exemptions) by 30th June each year.
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