Approval under section 35(1)(ii): institution must keep separate research accounts and file annual returns and audited accounts. Approval under section 35(1)(ii) to Bharatiya Vidya Bhavan as an Institution is subject to specified conditions: maintain a separate account for scientific research receipts; furnish an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by the prescribed annual deadline; and submit 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 local Commissioner/Director of Income tax (Exemptions) by the prescribed annual deadline.
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): institution must keep separate research accounts and file annual returns and audited accounts.
Approval under section 35(1)(ii) to Bharatiya Vidya Bhavan as an Institution is subject to specified conditions: maintain a separate account for scientific research receipts; furnish an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by the prescribed annual deadline; and submit 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 local Commissioner/Director of Income tax (Exemptions) by the prescribed annual deadline.
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