Research institution approval under section 35(1)(iii) requires annual DSIR returns and submission of audited accounts. Ganesh Scientific Research Foundation is approved as an Institution under the Income-tax provision for scientific research, conditional on maintaining a separate account for research receipts, filing annual research returns 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 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.
Research institution approval under section 35(1)(iii) requires annual DSIR returns and submission of audited accounts.
Ganesh Scientific Research Foundation is approved as an Institution under the Income-tax provision for scientific research, conditional on maintaining a separate account for research receipts, filing annual research returns 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 Commissioner/Director of Income-tax (Exemptions) by 30 June each year.
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