Research institution approval under section 35(1)(ii) conditions tax-exemption eligibility for listed organisations subject to reporting and accounts. Specified organisations are approved as Institutions for research-related deduction under clause (ii) of sub-section (1) of section 35 of the Income-tax Act for stated periods, subject to maintaining separate books for research, filing an annual scientific research return to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited income & expenditure accounts for research to designated tax and research authorities by 31 October, in addition to the return of income.
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) conditions tax-exemption eligibility for listed organisations subject to reporting and accounts.
Specified organisations are approved as Institutions for research-related deduction under clause (ii) of sub-section (1) of section 35 of the Income-tax Act for stated periods, subject to maintaining separate books for research, filing an annual scientific research return to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited income & expenditure accounts for research to designated tax and research authorities by 31 October, in addition to the return of income.
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