Research institution approval under section 35 enables central recognition and imposes annual reporting and audit obligations. Approval is granted to Breach Candy Medical Research Centre as an Institution under sub-section (1) of section 35 for the specified period, subject to conditions requiring separate books for research, annual scientific returns to the Department of Scientific & Industrial Research by 31 May, and submission of audited annual accounts and audited income & expenditure accounts for research to designated tax and research authorities by 31 October each year, in addition to filing the return of income with the designated 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 institution approval under section 35 enables central recognition and imposes annual reporting and audit obligations.
Approval is granted to Breach Candy Medical Research Centre as an Institution under sub-section (1) of section 35 for the specified period, subject to conditions requiring separate books for research, annual scientific returns to the Department of Scientific & Industrial Research by 31 May, and submission of audited annual accounts and audited income & expenditure accounts for research to designated tax and research authorities by 31 October each year, in addition to filing the return of income with the designated Assessing Officer.
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