Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Approval under section 35 research-expenditure eligibility: organisation must keep separate accounts and file annual returns and audited accounts. Approval under clause (ii) of sub-section (1) of section 35 is granted to M/s The Eye Research Foundation as an Association for 1 April 2002 to 31 March 2005, subject to maintaining separate books for research, filing an annual return of scientific research activities 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 DGIT (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 31 October each year, alongside the return of income. Renewal applications must be filed in triplicate through the relevant tax authority and 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.
Approval under section 35 research-expenditure eligibility: organisation must keep separate accounts and file annual returns and audited accounts.
Approval under clause (ii) of sub-section (1) of section 35 is granted to M/s The Eye Research Foundation as an Association for 1 April 2002 to 31 March 2005, subject to maintaining separate books for research, filing an annual return of scientific research activities 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 DGIT (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 31 October each year, alongside the return of income. Renewal applications must be filed in triplicate through the relevant tax authority and to the Secretary, DSIR.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.