Approval as scientific research association grants tax recognition subject to separate research accounts and annual audited returns. Approval as a scientific research association grants tax recognition under clause (ii) of sub section (1) of section 35 read with the Income tax Rules, subject to conditions: maintain a separate account for research funds; furnish annual scientific research returns to the prescribed authority by 31st May in the prescribed form; and submit an annual audited statement of accounts to the prescribed authority by 31st May and furnish a copy to the Income tax Commissioner. The approval for Poona District Leprosy Committee, Pune, was valid from 29 12 1980 to 28 12 1981.
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 as scientific research association grants tax recognition subject to separate research accounts and annual audited returns.
Approval as a scientific research association grants tax recognition under clause (ii) of sub section (1) of section 35 read with the Income tax Rules, subject to conditions: maintain a separate account for research funds; furnish annual scientific research returns to the prescribed authority by 31st May in the prescribed form; and submit an annual audited statement of accounts to the prescribed authority by 31st May and furnish a copy to the Income tax Commissioner. The approval for Poona District Leprosy Committee, Pune, was valid from 29 12 1980 to 28 12 1981.
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