Approval under section 35(1)(iii) requires separate research accounts, annual returns and audited accounts filings. Approval is granted to Social Policy Research Institute, Jaipur, as an Institution under clause (iii) of sub-section (1) of section 35 of the Income-tax Act, subject to maintaining a separate account for research receipts, furnishing annual research returns by 31 May each year, and submitting copies of audited annual accounts showing income, expenditure, assets and liabilities to designated tax and scientific research authorities 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)(iii) requires separate research accounts, annual returns and audited accounts filings.
Approval is granted to Social Policy Research Institute, Jaipur, as an Institution under clause (iii) of sub-section (1) of section 35 of the Income-tax Act, subject to maintaining a separate account for research receipts, furnishing annual research returns by 31 May each year, and submitting copies of audited annual accounts showing income, expenditure, assets and liabilities to designated tax and scientific research authorities by 30 June each year.
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