Approval under section 35(1)(ii) confirms research institution status, subject to accounting and annual reporting requirements. Bakul Finechem Research Centre, Bombay is approved under section 35(1)(ii) read with rule 6(iv) as an Association in other natural or applied sciences, subject to maintaining a separate account for sums received for scientific research (excluding agriculture/animal husbandry/fisheries & medicines) and furnishing an annual return of its scientific research activities to the prescribed authority by 30th April each year; approval effective 1-4-77 to 31-3-1979.
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(1)(ii) confirms research institution status, subject to accounting and annual reporting requirements.
Bakul Finechem Research Centre, Bombay is approved under section 35(1)(ii) read with rule 6(iv) as an Association in other natural or applied sciences, subject to maintaining a separate account for sums received for scientific research (excluding agriculture/animal husbandry/fisheries & medicines) and furnishing an annual return of its scientific research activities to the prescribed authority by 30th April each year; approval effective 1-4-77 to 31-3-1979.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
