Research institution approval under section 35(1)(ii) requires separate research accounts, annual DSIR returns by May and audited filings by October. Approval is granted to specified organisations as Institutions for research expenditure deduction, conditional on maintaining separate research accounts, filing an annual return of scientific research activities with the Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited income-and-expenditure accounts for research activities to designated tax and scientific authorities by 31 October, in addition to the regular income-tax return.
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 under section 35(1)(ii) requires separate research accounts, annual DSIR returns by May and audited filings by October.
Approval is granted to specified organisations as Institutions for research expenditure deduction, conditional on maintaining separate research accounts, filing an annual return of scientific research activities with the Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited income-and-expenditure accounts for research activities to designated tax and scientific authorities by 31 October, in addition to the regular income-tax return.
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