Research expenditure approval under section 35(1)(ii) requires separate research accounts and specified annual filings. Approved institutions are designated as 'Institution' under section 35(1)(ii) and must maintain separate books for research, file an annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May, and submit audited annual accounts and an Audited Income & Expenditure Account for research to the Director General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 31 October, in addition to filing the return of income-tax to the designated Assessing Officer.
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 expenditure approval under section 35(1)(ii) requires separate research accounts and specified annual filings.
Approved institutions are designated as "Institution" under section 35(1)(ii) and must maintain separate books for research, file an annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May, and submit audited annual accounts and an Audited Income & Expenditure Account for research to the Director General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 31 October, in addition to filing the return of income-tax to the designated Assessing Officer.
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