Research institution approval requires separate research accounts and annual audited returns to tax and research authorities. Approval is granted to Pan Asian Management for Rural Research Organisation as an institution for research-related tax recognition, conditional on maintaining a separate account for scientific research, furnishing annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 30th June each year.
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Research institution approval requires separate research accounts and annual audited returns to tax and research authorities.
Approval is granted to Pan Asian Management for Rural Research Organisation as an institution for research-related tax recognition, conditional on maintaining a separate account for scientific research, furnishing annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 30th June each year.
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