Research institution approval requires separate research accounts and annual research returns to the prescribed authority by April deadline. The Meerut University is approved by the prescribed authority under clause (ii) of sub section (1) of section 35 of the Income tax Act, effective from 4th August, 1976, subject to maintaining a separate account for sums received for scientific research and furnishing an annual return of scientific research activities to the prescribed authority in the prescribed form by 30th April each year.
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 institution approval requires separate research accounts and annual research returns to the prescribed authority by April deadline.
The Meerut University is approved by the prescribed authority under clause (ii) of sub section (1) of section 35 of the Income tax Act, effective from 4th August, 1976, subject to maintaining a separate account for sums received for scientific research and furnishing an annual return of scientific research activities to the prescribed authority in the prescribed form by 30th April each year.
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 
