Research deduction approval conditions: institution permitted tax benefits subject to separate accounts, annual returns and audited accounts. Approval under section 35(1)(ii) grants Tata Energy Research Institute institutional recognition for research-related tax benefits subject to maintaining a separate account for research receipts, furnishing annual research activity returns to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to specified tax and research authorities by 30th June; the approval is time-limited and requires prescribed procedures and routed applications for extension.
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.
Research deduction approval conditions: institution permitted tax benefits subject to separate accounts, annual returns and audited accounts.
Approval under section 35(1)(ii) grants Tata Energy Research Institute institutional recognition for research-related tax benefits subject to maintaining a separate account for research receipts, furnishing annual research activity returns to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to specified tax and research authorities by 30th June; the approval is time-limited and requires prescribed procedures and routed applications for extension.
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