Approval under Section 35(1)(ii) granted for institutional research tax relief, with separate accounts and annual reporting obligations required. Approval under Section 35(1)(ii) is granted to The Birla Institute of Scientific Research for 1-4-1990 to 31-3-1991, subject to maintenance of a separate research account, annual submission of scientific research returns to the Secretary, Department of Scientific and Industrial Research by 31 May, and submission of audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, and the jurisdictional Commissioner/Director by 30 June. The notification sets out the procedural steps for applying for extension of approval.
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)(ii) granted for institutional research tax relief, with separate accounts and annual reporting obligations required.
Approval under Section 35(1)(ii) is granted to The Birla Institute of Scientific Research for 1-4-1990 to 31-3-1991, subject to maintenance of a separate research account, annual submission of scientific research returns to the Secretary, Department of Scientific and Industrial Research by 31 May, and submission of audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, and the jurisdictional Commissioner/Director by 30 June. The notification sets out the procedural steps for applying for extension of approval.
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