Approval under Section 35(1)(ii): Institution status granted with research accounting, annual returns, and audited reporting obligations. Approval under Section 35(1)(ii) recognises Central Machine Tool Institute, Bangalore as an Institution for the period 1-4-1990 to 31-3-1991, subject to maintaining a separate research account, furnishing annual research 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, DSIR, and the relevant Commissioner/Director of Income-tax (Exemptions) by 30th June each year.
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Provisions expressly mentioned in the judgment/order text.
Approval under Section 35(1)(ii): Institution status granted with research accounting, annual returns, and audited reporting obligations.
Approval under Section 35(1)(ii) recognises Central Machine Tool Institute, Bangalore as an Institution for the period 1-4-1990 to 31-3-1991, subject to maintaining a separate research account, furnishing annual research 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, DSIR, and the relevant Commissioner/Director of Income-tax (Exemptions) by 30th June each year.
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