Research approval under Section 35(1) enables institution tax benefits subject to specific accounting and reporting obligations. Approval is granted to the Indian Institute of Public Administration as an Institution for research related tax benefits, effective 1 April 2003 to 31 March 2006, contingent on maintaining separate research accounts, furnishing an annual scientific research return to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts and audited income and expenditure accounts for research activities to specified tax and scientific authorities by 31 October, in addition to filing the income tax return; renewal applications must be submitted in triplicate through tax authorities and directly to the Secretary, DSIR.
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 approval under Section 35(1) enables institution tax benefits subject to specific accounting and reporting obligations.
Approval is granted to the Indian Institute of Public Administration as an Institution for research related tax benefits, effective 1 April 2003 to 31 March 2006, contingent on maintaining separate research accounts, furnishing an annual scientific research return to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts and audited income and expenditure accounts for research activities to specified tax and scientific authorities by 31 October, in addition to filing the income tax return; renewal applications must be submitted in triplicate through tax authorities and directly to the Secretary, DSIR.
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