Approved Institution Medical Research Centre & Hospital of the Ch. Aishi Ram Batra Public Charitable Trust, New Delhi u/s 35(1)(ii) - S.O.1294 - Income Tax Act, 1961
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Approval as Scientific Research Association: tax recognition subject to separate research accounts and annual reporting requirements. Approval conferred on the Medical Research Centre & Hospital of the Ch. Aishi Ram Batra Public Charitable Trust as a Scientific Research Association for tax-law purposes, subject to (i) maintaining a separate account for research receipts, (ii) furnishing annual returns of research activities to the Indian Council of Medical Research by 31st May each year in the prescribed form, and (iii) submitting the annual audited statement of accounts to the Council by 31st May and also to the concerned Income-tax Commissioner. The recognition is effective for a specified limited period.
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.
Approval as Scientific Research Association: tax recognition subject to separate research accounts and annual reporting requirements.
Approval conferred on the Medical Research Centre & Hospital of the Ch. Aishi Ram Batra Public Charitable Trust as a Scientific Research Association for tax-law purposes, subject to (i) maintaining a separate account for research receipts, (ii) furnishing annual returns of research activities to the Indian Council of Medical Research by 31st May each year in the prescribed form, and (iii) submitting the annual audited statement of accounts to the Council by 31st May and also to the concerned Income-tax Commissioner. The recognition is effective for a specified limited period.
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