Approval under section 35(1)(ii) grants research exemption status subject to separate accounting and annual reporting obligations. Approval of Assam Science Society, Gauhati under section 35(1)(ii) as an 'Association' for other natural and applied sciences is notified with conditions: maintain separate accounts for research receipts (excluding agriculture/animal husbandry/fisheries/medicines); furnish annual scientific research returns to the prescribed authority by 30th April in the form notified; and submit annual returns and statement of accounts to the Commissioner of Income-tax, Gauhati. The notification is effective for three years from 7-12-1980 to 6-12-1983.
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.
Approval under section 35(1)(ii) grants research exemption status subject to separate accounting and annual reporting obligations.
Approval of Assam Science Society, Gauhati under section 35(1)(ii) as an "Association" for other natural and applied sciences is notified with conditions: maintain separate accounts for research receipts (excluding agriculture/animal husbandry/fisheries/medicines); furnish annual scientific research returns to the prescribed authority by 30th April in the form notified; and submit annual returns and statement of accounts to the Commissioner of Income-tax, Gauhati. The notification is effective for three years from 7-12-1980 to 6-12-1983.
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