Approval as Scientific Research Association under section 35(1)(ii) with conditional reporting and accounting requirements for medical research institutions. Approval as a Scientific Research Association under section 35(1)(ii) is subject to maintaining a separate account for medical research funds, furnishing annual returns of scientific research activities in the prescribed form by 31 May each year, and submitting an annual audited statement of accounts by 31 May with a copy sent to the concerned Income-tax Commissioner. The approval is effective for a three-year period from 16-8-1979 to 15-8-1982.
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Provisions expressly mentioned in the judgment/order text.
Approval as Scientific Research Association under section 35(1)(ii) with conditional reporting and accounting requirements for medical research institutions.
Approval as a Scientific Research Association under section 35(1)(ii) is subject to maintaining a separate account for medical research funds, furnishing annual returns of scientific research activities in the prescribed form by 31 May each year, and submitting an annual audited statement of accounts by 31 May with a copy sent to the concerned Income-tax Commissioner. The approval is effective for a three-year period from 16-8-1979 to 15-8-1982.
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