Approved institution status requires separate research accounts and mandated annual reporting to tax and prescribed authorities. Jawaharlal Nehru Technological University, Hyderabad is approved as an institution for scientific research in other natural or applied sciences (excluding agriculture, animal husbandry, fisheries and medicines). The University must keep a separate account for research receipts, file an annual return of scientific research activities with the prescribed authority by 30 April each year, and submit an annual return and statement of accounts to the Commissioner of Income-tax annually. The approval is time-limited to a three-year period beginning in late June 1980.
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.
Approved institution status requires separate research accounts and mandated annual reporting to tax and prescribed authorities.
Jawaharlal Nehru Technological University, Hyderabad is approved as an institution for scientific research in other natural or applied sciences (excluding agriculture, animal husbandry, fisheries and medicines). The University must keep a separate account for research receipts, file an annual return of scientific research activities with the prescribed authority by 30 April each year, and submit an annual return and statement of accounts to the Commissioner of Income-tax annually. The approval is time-limited to a three-year period beginning in late June 1980.
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