Research association approval granted with compliance conditions on accounting, annual returns, and audited statements to authority. Approval is granted to Sri Abhinya Vidyatheertha Swamigal Scientific Research Academy, Bangalore as a scientific research association in medical research, subject to maintaining separate accounts for research receipts, furnishing annual returns of research activities to the prescribed authority by 31st May in the prescribed form, and furnishing an annual audited statement of accounts to the prescribed authority by 31st May with a copy to the concerned income-tax commissioner. The approval is effective for a two-year notification period commencing in February 1981.
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Provisions expressly mentioned in the judgment/order text.
Research association approval granted with compliance conditions on accounting, annual returns, and audited statements to authority.
Approval is granted to Sri Abhinya Vidyatheertha Swamigal Scientific Research Academy, Bangalore as a scientific research association in medical research, subject to maintaining separate accounts for research receipts, furnishing annual returns of research activities to the prescribed authority by 31st May in the prescribed form, and furnishing an annual audited statement of accounts to the prescribed authority by 31st May with a copy to the concerned income-tax commissioner. The approval is effective for a two-year notification period commencing in February 1981.
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