Research approval under section 35(1)(ii) requires institutional recognition, annual research returns and audited account submissions. Approval is granted to Bangalore Kidney Foundation as an Institution for research-related tax recognition, conditional on maintaining separate research accounts, filing an annual research return to the Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to designated tax and research authorities by 30 June. The approval runs from 4 March 1991 to 31 March 1994 and the organisation should apply for extension through the tax authorities three months before expiry, with specified copy requirements to the research department.
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.
Research approval under section 35(1)(ii) requires institutional recognition, annual research returns and audited account submissions.
Approval is granted to Bangalore Kidney Foundation as an Institution for research-related tax recognition, conditional on maintaining separate research accounts, filing an annual research return to the Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to designated tax and research authorities by 30 June. The approval runs from 4 March 1991 to 31 March 1994 and the organisation should apply for extension through the tax authorities three months before expiry, with specified copy requirements to the research department.
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 
