Approval as Scientific Research Association requires separate research accounts and prescribed annual research returns. Approval is granted to the Indian Pharmacological Society, Patna as a Scientific Research Association in medical research for tax purposes, subject to two compliance conditions: maintenance of a separate account for sums received for scientific research, and furnishing annual returns of scientific research activities to the prescribed Council each financial year by 15th May in the prescribed form. The approval is effective for a specified two year validity period.
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 as Scientific Research Association requires separate research accounts and prescribed annual research returns.
Approval is granted to the Indian Pharmacological Society, Patna as a Scientific Research Association in medical research for tax purposes, subject to two compliance conditions: maintenance of a separate account for sums received for scientific research, and furnishing annual returns of scientific research activities to the prescribed Council each financial year by 15th May in the prescribed form. The approval is effective for a specified two year validity period.
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