Approved Institute of Kidney Diseases and Research Centre, B.J. Medical College and Civil Hospital, New Block, Ground Floor, Ahmedabad u/s 35(1)(ii) - S.O.513 - Income Tax Act, 1961
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Approval under section 35(1)(ii) establishes research accounting and annual reporting obligations for approved scientific associations now. Approval under section 35(1)(ii) is granted to the Institute of Kidney Diseases and Research Centre as an Association for research-related tax purposes subject to conditions: maintain separate research accounts; furnish an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May; and submit audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 30th June. The notification sets the effective period and prescribes an application procedure for 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.
Approval under section 35(1)(ii) establishes research accounting and annual reporting obligations for approved scientific associations now.
Approval under section 35(1)(ii) is granted to the Institute of Kidney Diseases and Research Centre as an Association for research-related tax purposes subject to conditions: maintain separate research accounts; furnish an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May; and submit audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 30th June. The notification sets the effective period and prescribes an application procedure for extension.
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