Scientific research association approval requires separate research accounts and mandated annual reporting to the prescribed authority by deadline. Approval of the Family Planning Foundation as a scientific research association is subject to maintenance of a separate account for sums received for medical scientific research; furnishing an annual return of scientific research activities to the prescribed authority in the prescribed form by 31 May each year; and submitting the annual audited statement of accounts to the prescribed authority by 31 May while also sending a copy to the concerned Income tax Commissioner. The approval is effective from 31 12 1979 to 31 12 1982.
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 requires separate research accounts and mandated annual reporting to the prescribed authority by deadline.
Approval of the Family Planning Foundation as a scientific research association is subject to maintenance of a separate account for sums received for medical scientific research; furnishing an annual return of scientific research activities to the prescribed authority in the prescribed form by 31 May each year; and submitting the annual audited statement of accounts to the prescribed authority by 31 May while also sending a copy to the concerned Income tax Commissioner. The approval is effective from 31 12 1979 to 31 12 1982.
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