Research approval under section 35(1)(ii) requires separate accounting, annual returns and audited annual accounts for associations. Approval is granted to the National Agricultural and Scientific Research Foundation, Calcutta as an association for tax recognition under the research expenditure provision, conditional on maintaining a separate research account, filing an annual research return to the Secretary, DSIR by 31 May, and submitting audited annual accounts to the Director-General (Exemptions), the Secretary, DSIR and the jurisdictional tax officer by 30 June. The approval runs from 1 April 1992 to 31 March 1994 and prescribes procedures and timelines for seeking extension.
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 separate accounting, annual returns and audited annual accounts for associations.
Approval is granted to the National Agricultural and Scientific Research Foundation, Calcutta as an association for tax recognition under the research expenditure provision, conditional on maintaining a separate research account, filing an annual research return to the Secretary, DSIR by 31 May, and submitting audited annual accounts to the Director-General (Exemptions), the Secretary, DSIR and the jurisdictional tax officer by 30 June. The approval runs from 1 April 1992 to 31 March 1994 and prescribes procedures and timelines for seeking extension.
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