Research institution approval under section 35 requires separate research accounts, DSIR annual return, and audited submissions. Arpana Trust, Madhuban, District Karnal is approved as an Institution under clause (iii) of sub-section (1) of section 35 of the Income-tax Act for 1-4-1999 to 31-3-2001, subject to maintaining separate books for research, furnishing the annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited income & expenditure account for research activities to specified tax and DSIR authorities by 31 October each year, in addition to the return of income to the designated Assessing Officer.
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Research institution approval under section 35 requires separate research accounts, DSIR annual return, and audited submissions.
Arpana Trust, Madhuban, District Karnal is approved as an Institution under clause (iii) of sub-section (1) of section 35 of the Income-tax Act for 1-4-1999 to 31-3-2001, subject to maintaining separate books for research, furnishing the annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited income & expenditure account for research activities to specified tax and DSIR authorities by 31 October each year, in addition to the return of income to the designated Assessing Officer.
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