Approval under section 35(1)(iii) secures institutional recognition for scientific research subject to annual returns and audited accounts. Approval under clause (iii) of sub section (1) of section 35 grants The Institute of Chartered Accountants of India recognition as an institution for scientific research for the period 1 4 1990 to 31 3 1991, subject to maintenance of separate research accounts, annual returns to the Secretary, Department of Scientific and Industrial Research by 31st May, and submission of audited annual accounts to specified tax and research authorities by 30th June; the notification also prescribes procedures for extension applications.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(iii) secures institutional recognition for scientific research subject to annual returns and audited accounts.
Approval under clause (iii) of sub section (1) of section 35 grants The Institute of Chartered Accountants of India recognition as an institution for scientific research for the period 1 4 1990 to 31 3 1991, subject to maintenance of separate research accounts, annual returns to the Secretary, Department of Scientific and Industrial Research by 31st May, and submission of audited annual accounts to specified tax and research authorities by 30th June; the notification also prescribes procedures for extension applications.
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