Research institution approval requires separate research accounts and annual audited submissions to designated authorities by set deadlines. Approval under clause (ii) of sub section (1) of section 35 read with Rule 6 is conditional on maintaining separate books for research, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and an audited Income & Expenditure Account for research activities to designated tax and DSIR authorities by 31 October, in addition to filing the income tax return; renewal applications must be made in triplicate via the relevant Commissioner/Director and three copies sent directly to the Secretary, DSIR.
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Provisions expressly mentioned in the judgment/order text.
Research institution approval requires separate research accounts and annual audited submissions to designated authorities by set deadlines.
Approval under clause (ii) of sub section (1) of section 35 read with Rule 6 is conditional on maintaining separate books for research, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and an audited Income & Expenditure Account for research activities to designated tax and DSIR authorities by 31 October, in addition to filing the income tax return; renewal applications must be made in triplicate via the relevant Commissioner/Director and three copies sent directly to the Secretary, DSIR.
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