Scientific research association approval under section 35(1)(ii) requires separate research accounts and annual audited returns to the Council. The Swasthiyog Pratishthan Charitable Trust, Miraj, is approved as a scientific research association for tax purposes for a three year period, conditional on maintaining separate accounts for research receipts, furnishing annual returns of research activities to the Council by 31 May each year, and furnishing an annual audited statement of accounts to the Council by 31 May and sending a copy to the concerned Income tax Commissioner.
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.
Scientific research association approval under section 35(1)(ii) requires separate research accounts and annual audited returns to the Council.
The Swasthiyog Pratishthan Charitable Trust, Miraj, is approved as a scientific research association for tax purposes for a three year period, conditional on maintaining separate accounts for research receipts, furnishing annual returns of research activities to the Council by 31 May each year, and furnishing an annual audited statement of accounts to the Council by 31 May and sending a copy to the concerned Income tax Commissioner.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
