Approval under section 35(1)(ii) requires Hyderabad Science Society to maintain separate research accounts and submit annual audited returns. Approval under section 35(1)(ii) is granted to Hyderabad Science Society as an Institution, conditional on maintaining a separate account for scientific research, furnishing annual research activity returns by 31st May to the Secretary, Department of Scientific and Industrial Research, and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, and the tax jurisdictional Commissioner/Director by 30th June each year.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(ii) requires Hyderabad Science Society to maintain separate research accounts and submit annual audited returns.
Approval under section 35(1)(ii) is granted to Hyderabad Science Society as an Institution, conditional on maintaining a separate account for scientific research, furnishing annual research activity returns by 31st May to the Secretary, Department of Scientific and Industrial Research, and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, and the tax jurisdictional Commissioner/Director by 30th June each year.
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