Income-tax approval under section 35(1)(ii) grants research association status with annual accounting and reporting obligations. Approval under Income-tax Act, section 35(1)(ii) recognizes Ayodhya Charitable Trust, Pune as a Scientific Research Association in medical research, subject to maintaining separate research accounts, filing annual research activity returns to the Council by 31st May in prescribed form, and submitting an annual audited statement of accounts to the Council and a copy to the Income-tax Commissioner within the same timeframe.
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.
Income-tax approval under section 35(1)(ii) grants research association status with annual accounting and reporting obligations.
Approval under Income-tax Act, section 35(1)(ii) recognizes Ayodhya Charitable Trust, Pune as a Scientific Research Association in medical research, subject to maintaining separate research accounts, filing annual research activity returns to the Council by 31st May in prescribed form, and submitting an annual audited statement of accounts to the Council and a copy to the Income-tax Commissioner within the same timeframe.
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