Approval under section 35(1)(ii): Scientific research association status granted with accounting, annual reporting and audited account obligations. Approval is granted to Burns Association of India, Bombay as a Scientific Research Association, subject to maintaining a separate account for research funds and furnishing annual returns and activity reports in prescribed forms to the Indian Council of Medical Research. The institution must provide the annual audited statement of accounts to the Council and send a copy to the concerned Income-tax Commissioner by 31 May each year. The approval is effective for a stated limited period and is conditional on compliance with the forms and requirements intimated by the prescribed authority.
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): Scientific research association status granted with accounting, annual reporting and audited account obligations.
Approval is granted to Burns Association of India, Bombay as a Scientific Research Association, subject to maintaining a separate account for research funds and furnishing annual returns and activity reports in prescribed forms to the Indian Council of Medical Research. The institution must provide the annual audited statement of accounts to the Council and send a copy to the concerned Income-tax Commissioner by 31 May each year. The approval is effective for a stated limited period and is conditional on compliance with the forms and requirements intimated by the prescribed authority.
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