Approval under section 35(1)(ii): tax recognition subject to separate accounts and annual scientific activity returns by April. Approval is granted to the Deccan Sugar Research Institute, Pune as an Approved Institution under clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 for research in other natural or applied sciences (excluding agriculture, animal husbandry, fisheries and medicines). The institute must maintain a separate account for research receipts and furnish an annual return of scientific research activities to the prescribed authority by 30th April each year; the approval is effective from 1-4-1980 to 31-3-1982.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(ii): tax recognition subject to separate accounts and annual scientific activity returns by April.
Approval is granted to the Deccan Sugar Research Institute, Pune as an Approved Institution under clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 for research in other natural or applied sciences (excluding agriculture, animal husbandry, fisheries and medicines). The institute must maintain a separate account for research receipts and furnish an annual return of scientific research activities to the prescribed authority by 30th April each year; the approval is effective from 1-4-1980 to 31-3-1982.
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