Approval under section 35(1)(ii): institution recognised for scientific research, subject to accounting and annual reporting obligations. Approval is granted to I. N. Y. S. Medical Research Society as an institutional beneficiary under section 35(1)(ii) for the stated year, conditional on maintaining a separate account for scientific research receipts, furnishing annual returns of research activities 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, Department of Scientific and Industrial Research, and the jurisdictional Commissioner/Director of Income-tax (Exemptions) by 30th June; procedures for extension applications are prescribed.
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): institution recognised for scientific research, subject to accounting and annual reporting obligations.
Approval is granted to I. N. Y. S. Medical Research Society as an institutional beneficiary under section 35(1)(ii) for the stated year, conditional on maintaining a separate account for scientific research receipts, furnishing annual returns of research activities 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, Department of Scientific and Industrial Research, and the jurisdictional Commissioner/Director of Income-tax (Exemptions) by 30th June; procedures for extension applications are prescribed.
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