Approval under section 35(1)(ii) for scientific research association requires separate accounts and annual audited reports. Approval is granted to Bhagwan Mahavir Viklang Sahayata Samiti, Jaipur, as a scientific research association for medical research, effective from 11-8-81 to 10-8-84, subject to maintaining a separate account for research receipts, furnishing annual returns of scientific research activities to the Council by 31st May in the prescribed form, and furnishing the annual audited statement of accounts to the Council and a copy to the concerned Income-tax Commissioner by 31st May each year.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(ii) for scientific research association requires separate accounts and annual audited reports.
Approval is granted to Bhagwan Mahavir Viklang Sahayata Samiti, Jaipur, as a scientific research association for medical research, effective from 11-8-81 to 10-8-84, subject to maintaining a separate account for research receipts, furnishing annual returns of scientific research activities to the Council by 31st May in the prescribed form, and furnishing the annual audited statement of accounts to the Council and a copy to the concerned Income-tax Commissioner by 31st May each year.
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