Section 35(1)(ii) approval mandates separate research accounts and annual submission of audited returns by prescribed deadlines. Approval is granted to Kidwai Memorial Institute of Oncology as an Institution under section 35(1)(ii), conditional on maintaining a separate account for scientific research receipts, furnishing annual scientific research returns to the Secretary, Department of Scientific and Industrial Research by 31 May each year, and submitting audited annual accounts showing income, expenditure, assets and liabilities to designated tax and research authorities by 30 June each year; approval effective from 1 April 1991 to 31 March 1993 with prescribed procedures for extension applications.
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Provisions expressly mentioned in the judgment/order text.
Section 35(1)(ii) approval mandates separate research accounts and annual submission of audited returns by prescribed deadlines.
Approval is granted to Kidwai Memorial Institute of Oncology as an Institution under section 35(1)(ii), conditional on maintaining a separate account for scientific research receipts, furnishing annual scientific research returns to the Secretary, Department of Scientific and Industrial Research by 31 May each year, and submitting audited annual accounts showing income, expenditure, assets and liabilities to designated tax and research authorities by 30 June each year; approval effective from 1 April 1991 to 31 March 1993 with prescribed procedures for extension applications.
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