Approval under section 35(1)(ii) requires separate research accounts and annual audited returns for institutional tax recognition. Approval under section 35(1)(ii) recognises Associated Electronics Research Foundation as an Institution for tax purposes, conditional on maintaining separate accounts for scientific research, filing an annual return of research activities to the Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to specified tax and research authorities by 30th June. The approval covers 1 April 1991 to 31 March 1994 and the organisation is instructed on the procedural requirements for seeking extension of the approval.
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) requires separate research accounts and annual audited returns for institutional tax recognition.
Approval under section 35(1)(ii) recognises Associated Electronics Research Foundation as an Institution for tax purposes, conditional on maintaining separate accounts for scientific research, filing an annual return of research activities to the Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to specified tax and research authorities by 30th June. The approval covers 1 April 1991 to 31 March 1994 and the organisation is instructed on the procedural requirements for seeking extension of the approval.
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