Research expenditure approval under Section 35(1)(ii) imposes mandatory separate accounts, annual returns, and audited submissions by fixed deadlines. Approval is granted to the Diabetic Association of India (Research Centre) as an Association for research expenditure under section 35(1)(ii) for 1 4 2000 to 31 3 2003, subject to conditions: maintain separate books for research, file annual scientific research return to the Department of Scientific and Industrial Research by 31 May, and submit audited annual accounts and a separate audited income and expenditure account for the research activities to the Director General of Income tax (Exemptions), the Secretary, DSIR, and the local Commissioner/Director of Income tax (Exemptions) by 31 October, alongside the return to the 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) imposes mandatory separate accounts, annual returns, and audited submissions by fixed deadlines.
Approval is granted to the Diabetic Association of India (Research Centre) as an Association for research expenditure under section 35(1)(ii) for 1 4 2000 to 31 3 2003, subject to conditions: maintain separate books for research, file annual scientific research return to the Department of Scientific and Industrial Research by 31 May, and submit audited annual accounts and a separate audited income and expenditure account for the research activities to the Director General of Income tax (Exemptions), the Secretary, DSIR, and the local Commissioner/Director of Income tax (Exemptions) by 31 October, alongside the return to the Assessing Officer.
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