Approval under section 35(1)(ii) requires separate research accounts, annual DSIR returns, and audited accounts submission. Approval under section 35(1)(ii) recognises the Diabetes Research Centre Foundation for research-related tax purposes subject to three conditions: maintain a separate account for research receipts; furnish annual scientific-research returns to the Secretary, DSIR by 31st May; and submit audited annual accounts to the Director-General (Exemptions), the Secretary, DSIR, and the local Commissioner/Director (Exemptions) by 30th June. The approval applies for 1-4-1991 to 31-3-1992 and the organisation must apply for extension through the local tax authority in advance, sending six copies to the Secretary, DSIR.
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) requires separate research accounts, annual DSIR returns, and audited accounts submission.
Approval under section 35(1)(ii) recognises the Diabetes Research Centre Foundation for research-related tax purposes subject to three conditions: maintain a separate account for research receipts; furnish annual scientific-research returns to the Secretary, DSIR by 31st May; and submit audited annual accounts to the Director-General (Exemptions), the Secretary, DSIR, and the local Commissioner/Director (Exemptions) by 30th June. The approval applies for 1-4-1991 to 31-3-1992 and the organisation must apply for extension through the local tax authority in advance, sending six copies to the Secretary, DSIR.
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