Research deduction approval requires institutions to maintain separate research accounts and annually file audited research accounts and returns. Approval under section 35(1)(iii) is granted to the Indian Institute of Education, Pune as an Institution subject to conditions: maintain separate books for research activities; furnish annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31 May; and submit copies of audited annual accounts and audited income and expenditure account for research activities to specified tax and departmental authorities by 31 October, alongside 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 deduction approval requires institutions to maintain separate research accounts and annually file audited research accounts and returns.
Approval under section 35(1)(iii) is granted to the Indian Institute of Education, Pune as an Institution subject to conditions: maintain separate books for research activities; furnish annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31 May; and submit copies of audited annual accounts and audited income and expenditure account for research activities to specified tax and departmental authorities by 31 October, alongside the return of income-tax to the designated Assessing Officer.
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