Scientific Research Association approval requires separate research accounts and annual audited returns to council and tax commissioner. Approval under section 35(1)(ii) designates Kidwai Memorial Institute of Oncology as a Scientific Research Association in medical research, subject to conditions: maintain separate accounts for research receipts; furnish annual returns of research activities to the Council by 31st May in the prescribed form; and provide the annual audited statement of accounts to the Council by 31st May and also 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 requires separate research accounts and annual audited returns to council and tax commissioner.
Approval under section 35(1)(ii) designates Kidwai Memorial Institute of Oncology as a Scientific Research Association in medical research, subject to conditions: maintain separate accounts for research receipts; furnish annual returns of research activities to the Council by 31st May in the prescribed form; and provide the annual audited statement of accounts to the Council by 31st May and also to the concerned Income-tax Commissioner.
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