Section 35(1)(iii) approval confirms institutional recognition for scientific research, subject to annual returns and audited accounts submission. Approval is granted to Ved Vigan Mahavidya Peeth, College of Vedic Science, Yoga and Sanskrit Studies, Bangalore, as an institution under Section 35(1)(iii) for scientific research from 1-4-1990 to 31-3-1992, subject to maintaining separate research accounts, filing 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 Commissioner/Director of Income-tax (Exemptions) by 30th June each year.
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Provisions expressly mentioned in the judgment/order text.
Section 35(1)(iii) approval confirms institutional recognition for scientific research, subject to annual returns and audited accounts submission.
Approval is granted to Ved Vigan Mahavidya Peeth, College of Vedic Science, Yoga and Sanskrit Studies, Bangalore, as an institution under Section 35(1)(iii) for scientific research from 1-4-1990 to 31-3-1992, subject to maintaining separate research accounts, filing 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 Commissioner/Director of Income-tax (Exemptions) by 30th June each year.
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