Approval under section 35(1)(ii) enables institution recognition for scientific research subject to annual accounts and reporting obligations. World Wide Fund for Nature-India is approved as an institution for the research-related tax provision, subject to maintaining a separate account for research receipts, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by the prescribed deadline, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research and the Commissioner/Director of Income-tax (Exemptions) by the prescribed annual date.
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) enables institution recognition for scientific research subject to annual accounts and reporting obligations.
World Wide Fund for Nature-India is approved as an institution for the research-related tax provision, subject to maintaining a separate account for research receipts, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by the prescribed deadline, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research and the Commissioner/Director of Income-tax (Exemptions) by the prescribed annual date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
