Approval under Section 35(1)(ii) status requires separate research accounts and annual audited reporting to the prescribed authority. Approval under Section 35(1)(ii) recognises Mohan Dai Oswal Cancer Treatment & Research Foundation as a Scientific Research Association in medical research for a specified three year period, subject to maintaining separate research accounts, filing an annual return of research activities in the prescribed form by 31st May, and submitting an annual audited statement to the prescribed authority with 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.
Approval under Section 35(1)(ii) status requires separate research accounts and annual audited reporting to the prescribed authority.
Approval under Section 35(1)(ii) recognises Mohan Dai Oswal Cancer Treatment & Research Foundation as a Scientific Research Association in medical research for a specified three year period, subject to maintaining separate research accounts, filing an annual return of research activities in the prescribed form by 31st May, and submitting an annual audited statement to the prescribed authority with 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.