Research institution approval granted with requirement to maintain separate research accounts and file annual research returns by April. Parkhe Research Institute, Poona, is approved under clause (ii) of sub section (1) of section 35 of the Income tax Act as an Association in other natural or applied sciences for the period 1 April 1978 to 31 March 1979. Approval is conditional on maintaining a separate account for research receipts (excluding agriculture/animal husbandry/fisheries and medicines) and on filing an annual return of scientific research activities to the prescribed authority in prescribed forms by 30 April each year.
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Research institution approval granted with requirement to maintain separate research accounts and file annual research returns by April.
Parkhe Research Institute, Poona, is approved under clause (ii) of sub section (1) of section 35 of the Income tax Act as an Association in other natural or applied sciences for the period 1 April 1978 to 31 March 1979. Approval is conditional on maintaining a separate account for research receipts (excluding agriculture/animal husbandry/fisheries and medicines) and on filing an annual return of scientific research activities to the prescribed authority in prescribed forms by 30 April each year.
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