Approval under section 35(1)(iii): institutional tax exemption conditioned on annual reporting of funds and their utilisation. Approval of V. Shantaram Motion Picture Scientific Research & Cultural Foundation under section 35(1)(iii) is subject to the condition that the Foundation annually report to the Indian Council of Social Science Research on funds collected under the exemption and how those funds were utilised; the notification names the institution and fixes the approval period from 1-4-1979 to 31-3-1981.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(iii): institutional tax exemption conditioned on annual reporting of funds and their utilisation.
Approval of V. Shantaram Motion Picture Scientific Research & Cultural Foundation under section 35(1)(iii) is subject to the condition that the Foundation annually report to the Indian Council of Social Science Research on funds collected under the exemption and how those funds were utilised; the notification names the institution and fixes the approval period from 1-4-1979 to 31-3-1981.
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