Approval under section 35(1)(ii): college approved for research tax treatment subject to accounting and reporting conditions. Approval under section 35(1)(ii) was granted to Thiagarajan College of Engineering, Madurai as a College for scientific research in specified natural and applied sciences, subject to maintaining a separate account for research receipts, furnishing annual research activity returns to the prescribed authority by 30 April each year, and submitting the annual return and statement of accounts to the Commissioner of Income-tax, Madurai.
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): college approved for research tax treatment subject to accounting and reporting conditions.
Approval under section 35(1)(ii) was granted to Thiagarajan College of Engineering, Madurai as a College for scientific research in specified natural and applied sciences, subject to maintaining a separate account for research receipts, furnishing annual research activity returns to the prescribed authority by 30 April each year, and submitting the annual return and statement of accounts to the Commissioner of Income-tax, Madurai.
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