Research approval granted with institution status requiring separate research accounts and annual audited reporting. Approval is granted to Vipassana Research Institute as an Institution under section 35(1)(iii) of the Income-tax Act, subject to conditions: maintain a separate account for research receipts, furnish annual research activity returns to the Secretary, Department of Scientific and Industrial Research by 31 May, and submit audited annual accounts to specified tax and research authorities by 30 June each year; the notification also fixes the approval period and prescribes the procedure and timeline for applying for extension of approval.
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Research approval granted with institution status requiring separate research accounts and annual audited reporting.
Approval is granted to Vipassana Research Institute as an Institution under section 35(1)(iii) of the Income-tax Act, subject to conditions: maintain a separate account for research receipts, furnish annual research activity returns to the Secretary, Department of Scientific and Industrial Research by 31 May, and submit audited annual accounts to specified tax and research authorities by 30 June each year; the notification also fixes the approval period and prescribes the procedure and timeline for applying for extension of approval.
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