Research institution approval under section 35(1)(ii) requires strict reporting, audited accounts, and renewal compliance. Institution approval under section 35(1)(ii) is granted to Auroville Foundation Bharat Nivas for 1 April 2000-31 March 2003, subject to maintaining separate research accounts, 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 to designated tax and scientific authorities by 31 October, in addition to the normal income tax return; renewal applications must be made in triplicate through the tax exemptions office and directly to the Department.
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Research institution approval under section 35(1)(ii) requires strict reporting, audited accounts, and renewal compliance.
Institution approval under section 35(1)(ii) is granted to Auroville Foundation Bharat Nivas for 1 April 2000-31 March 2003, subject to maintaining separate research accounts, 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 to designated tax and scientific authorities by 31 October, in addition to the normal income tax return; renewal applications must be made in triplicate through the tax exemptions office and directly to the Department.
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