Research exemption approval requires annual scientific returns and audited research accounts filing with designated authorities and tax office. The Central Government approved M/s Rajkot Cancer Society as an Institution eligible for research-related tax recognition for the period stated, conditional on maintaining separate research accounts (except Associations), filing an annual scientific return to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited income & expenditure accounts for research activities to the Director General (Exemption), the Secretary, DSIR, and the Commissioner/Director of Income Tax (Exemptions) by 31 October, in addition to the income tax return to the designated assessing officer.
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Research exemption approval requires annual scientific returns and audited research accounts filing with designated authorities and tax office.
The Central Government approved M/s Rajkot Cancer Society as an Institution eligible for research-related tax recognition for the period stated, conditional on maintaining separate research accounts (except Associations), filing an annual scientific return to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited income & expenditure accounts for research activities to the Director General (Exemption), the Secretary, DSIR, and the Commissioner/Director of Income Tax (Exemptions) by 31 October, in addition to the income tax return to the designated assessing officer.
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