Scientific Research Association approval under section 35(1)(ii) permits tax recognition subject to separate accounts and annual returns. Approval is granted to The Society for Prevention of Heart Disease and Rehabilitation, Bombay, as a Scientific Research Association for medical research under clause (ii) of sub section (1) of section 35 of the Income tax Act read with rule 6(ii). The institution must maintain a separate account of sums received for scientific research and furnish annual returns of its research activities to the Council by 31st May in the prescribed form. The approval is effective for two years from 18th September, 1978 to 17th September, 1980.
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.
Scientific Research Association approval under section 35(1)(ii) permits tax recognition subject to separate accounts and annual returns.
Approval is granted to The Society for Prevention of Heart Disease and Rehabilitation, Bombay, as a Scientific Research Association for medical research under clause (ii) of sub section (1) of section 35 of the Income tax Act read with rule 6(ii). The institution must maintain a separate account of sums received for scientific research and furnish annual returns of its research activities to the Council by 31st May in the prescribed form. The approval is effective for two years from 18th September, 1978 to 17th September, 1980.
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