Research approval requires approved institutions to maintain separate accounts and file annual research returns under specified conditions. Approval designates the institution as an approved institution in the area of other natural or applied sciences under the relevant tax provision, conditional on maintaining a separate account for research receipts (excluding specified fields) and furnishing an annual return of scientific research activities to the prescribed authority in the prescribed form by the annual deadline; the approval is time limited and subject to those compliance conditions.
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.
Research approval requires approved institutions to maintain separate accounts and file annual research returns under specified conditions.
Approval designates the institution as an approved institution in the area of other natural or applied sciences under the relevant tax provision, conditional on maintaining a separate account for research receipts (excluding specified fields) and furnishing an annual return of scientific research activities to the prescribed authority in the prescribed form by the annual deadline; the approval is time limited and subject to those compliance conditions.
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