Research institution approval: requires separate research accounts and annual scientific-activity returns by April each year. The Institution of Surveyors, New Delhi, is approved as an Institution for research under the Income-tax research provisions, conditional on maintaining a separate account for funds received for scientific research (excluding agriculture, animal husbandry, fisheries and medicines) and furnishing an annual return of scientific research activities to the prescribed authority in the prescribed forms by 30th April each year; the approval is effective from 1 April 1978 to 31 March 1981.
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Provisions expressly mentioned in the judgment/order text.
Research institution approval: requires separate research accounts and annual scientific-activity returns by April each year.
The Institution of Surveyors, New Delhi, is approved as an Institution for research under the Income-tax research provisions, conditional on maintaining a separate account for funds received for scientific research (excluding agriculture, animal husbandry, fisheries and medicines) and furnishing an annual return of scientific research activities to the prescribed authority in the prescribed forms by 30th April each year; the approval is effective from 1 April 1978 to 31 March 1981.
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