Research association approval under section 35(1)(ii) granted, subject to annual reporting and audited accounts conditions. Approval under Section 35(1)(ii) is granted to Astra Research Centre India as an 'Association' subject to maintaining a separate account for scientific research receipts, filing an annual return of scientific research activities to the Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts showing income, expenditure, assets and liabilities to specified tax and research authorities by 30 June; the approval is time-limited and renewal requires prescribed applications through the local tax authority and direct submissions to the Department.
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Provisions expressly mentioned in the judgment/order text.
Research association approval under section 35(1)(ii) granted, subject to annual reporting and audited accounts conditions.
Approval under Section 35(1)(ii) is granted to Astra Research Centre India as an "Association" subject to maintaining a separate account for scientific research receipts, filing an annual return of scientific research activities to the Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts showing income, expenditure, assets and liabilities to specified tax and research authorities by 30 June; the approval is time-limited and renewal requires prescribed applications through the local tax authority and direct submissions to the Department.
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