Approval of M/s Nalanda Dance Research Centre for the purpose of sub-section (1) (iii) of section 35 of the Income-tax Act, 1961 - 333/2003 - Income Tax Act, 1961
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Approval under section 35(1)(iii) granted, subject to research accounting and annual audited reporting obligations by specified deadlines. Approval under section 35(1)(iii) has been granted to M/s Nalanda Dance Research Centre for 1 April 2000 to 31 March 2003, subject to maintaining separate books for research and filing the annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May. The institution must also submit audited annual accounts and audited Income & Expenditure accounts for the 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, alongside its return of income, and follow prescribed renewal application procedures.
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.
Approval under section 35(1)(iii) granted, subject to research accounting and annual audited reporting obligations by specified deadlines.
Approval under section 35(1)(iii) has been granted to M/s Nalanda Dance Research Centre for 1 April 2000 to 31 March 2003, subject to maintaining separate books for research and filing the annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May. The institution must also submit audited annual accounts and audited Income & Expenditure accounts for the 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, alongside its return of income, and follow prescribed renewal application procedures.
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