Section 35 approval for research institution status imposes specific bookkeeping, annual returns and audited reporting obligations. Approval under sub-section (1) of section 35 grants Auroville Foundation notified Institution status subject to conditions: maintain separate books for research; furnish annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31st May; and submit audited annual accounts plus a separate audited Income & Expenditure Account for research to the Director General of Income-tax (Exemptions), the Secretary (DSIR), and the Commissioner/Director of Income-tax (Exemptions) by 31st October, in addition to the normal return of income.
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Provisions expressly mentioned in the judgment/order text.
Section 35 approval for research institution status imposes specific bookkeeping, annual returns and audited reporting obligations.
Approval under sub-section (1) of section 35 grants Auroville Foundation notified Institution status subject to conditions: maintain separate books for research; furnish annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31st May; and submit audited annual accounts plus a separate audited Income & Expenditure Account for research to the Director General of Income-tax (Exemptions), the Secretary (DSIR), and the Commissioner/Director of Income-tax (Exemptions) by 31st October, in addition to the normal return of income.
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