Research programme approval under section 35(2A) - subject to separate accounts, annual returns and audited statements to tax authorities. Approval is granted for the 'Common Workshop' scientific research programme under sub section (2A) of section 35 of the Income tax Act. Approval is subject to maintenance of a separate project account, annual submission of project returns to the Council by 31 May in prescribed form, and annual submission of an audited statement of accounts with assets and liabilities to the Council by 31 May together with a copy to the concerned Income tax Commissioner.
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 programme approval under section 35(2A) - subject to separate accounts, annual returns and audited statements to tax authorities.
Approval is granted for the "Common Workshop" scientific research programme under sub section (2A) of section 35 of the Income tax Act. Approval is subject to maintenance of a separate project account, annual submission of project returns to the Council by 31 May in prescribed form, and annual submission of an audited statement of accounts with assets and liabilities to the Council by 31 May together with a copy to the concerned Income tax Commissioner.
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