Research association approval - annual conditional reporting and audited accounts required to maintain tax exemption compliance M/s Amala Cancer Research Centre is approved as an Association for purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act, subject to maintaining separate research accounts, furnishing an annual scientific research return to the Secretary, Department of Scientific & Industrial Research by 31st May, and submitting audited annual accounts and audited Income & Expenditure Account for the research activities to designated tax and DSIR authorities by 31st October each year; renewal applications must be filed in triplicate through the tax authorities and directly to the Secretary, DSIR.
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Research association approval - annual conditional reporting and audited accounts required to maintain tax exemption compliance
M/s Amala Cancer Research Centre is approved as an Association for purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act, subject to maintaining separate research accounts, furnishing an annual scientific research return to the Secretary, Department of Scientific & Industrial Research by 31st May, and submitting audited annual accounts and audited Income & Expenditure Account for the research activities to designated tax and DSIR authorities by 31st October each year; renewal applications must be filed in triplicate through the tax authorities and directly to the Secretary, DSIR.
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