Approval under section 35: institution granted research exemption subject to accounting, annual return and audited submission requirements. Deen Dayal Research Institute is approved as an Institution under clause (ii) of sub section (1) of section 35 of the Income tax Act for the notified period, subject to maintaining separate books for research, furnishing an Annual Return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May each year, and submitting audited annual accounts and an audited Income & Expenditure Account for research activities to the Director General of Income tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income tax (Exemptions) by 31 October each year, in addition to filing the income tax return; renewal applications must be filed in triplicate and copies sent to the Secretary, DSIR.
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Approval under section 35: institution granted research exemption subject to accounting, annual return and audited submission requirements.
Deen Dayal Research Institute is approved as an Institution under clause (ii) of sub section (1) of section 35 of the Income tax Act for the notified period, subject to maintaining separate books for research, furnishing an Annual Return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May each year, and submitting audited annual accounts and an audited Income & Expenditure Account for research activities to the Director General of Income tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income tax (Exemptions) by 31 October each year, in addition to filing the income tax return; renewal applications must be filed in triplicate and copies sent to the Secretary, DSIR.
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