Approval under section 35(1)(ii) requires institutions to keep separate research accounts and file annual audited returns. Approval under section 35(1)(ii) for the Bhausaheb Sardesai Memorial Research Foundation is conditional on maintaining a separate account for scientific research, filing annual returns of research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, and the relevant Commissioner/Director by 30 June. The approval covers 1 April 1991 to 31 March 1992 and the organisation must apply for extension as prescribed.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(ii) requires institutions to keep separate research accounts and file annual audited returns.
Approval under section 35(1)(ii) for the Bhausaheb Sardesai Memorial Research Foundation is conditional on maintaining a separate account for scientific research, filing annual returns of research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, and the relevant Commissioner/Director by 30 June. The approval covers 1 April 1991 to 31 March 1992 and the organisation must apply for extension as prescribed.
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