Approval under section 35(1)(ii) grants research-institution tax exemption with annual accounts, returns, and extension procedures requirements. Approval is granted to Dr. Ramazini Research Institute of Occupational Health Services, Pune, as an Institution for purposes of Section 35(1)(ii) for 1 April 1991 to 31 March 1992, subject to conditions: maintain separate accounts for research receipts; furnish annual research returns to the Secretary, Department of Scientific and Industrial Research by 31 May; and submit audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the local Commissioner/Director of Income-tax (Exemptions) by 30 June each year.
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) grants research-institution tax exemption with annual accounts, returns, and extension procedures requirements.
Approval is granted to Dr. Ramazini Research Institute of Occupational Health Services, Pune, as an Institution for purposes of Section 35(1)(ii) for 1 April 1991 to 31 March 1992, subject to conditions: maintain separate accounts for research receipts; furnish annual research returns to the Secretary, Department of Scientific and Industrial Research by 31 May; and submit audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the local Commissioner/Director of Income-tax (Exemptions) by 30 June each year.
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