Research institution approval under section 35(1)(ii) requires separate research accounts, annual returns, audited accounts and renewal notice. Approval permits Arvind Medical Research Foundation, Madurai, to be recognised as an approved institution for scientific research on condition that it maintains a separate research account, files annual returns of research activities by 30 April, submits audited annual accounts and balance-sheet copies to the prescribed authority and the tax commissioner by 30 June, and applies for renewal at least three months before the approval's expiry; the approval is effective from 11 April 1985 to 31 March 1986.
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) requires separate research accounts, annual returns, audited accounts and renewal notice.
Approval permits Arvind Medical Research Foundation, Madurai, to be recognised as an approved institution for scientific research on condition that it maintains a separate research account, files annual returns of research activities by 30 April, submits audited annual accounts and balance-sheet copies to the prescribed authority and the tax commissioner by 30 June, and applies for renewal at least three months before the approval's expiry; the approval is effective from 11 April 1985 to 31 March 1986.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
