Tax approval under section 35(1)(ii) recognises scientific research status with mandatory accounting and reporting conditions. Surottam Hutheesing Health Foundation, Ahmedabad, is approved under section 35(1)(ii) as a Scientific Research Association in medical research, subject to maintaining a separate account for research receipts, furnishing annual returns of research activities to the Council by 31st May in the prescribed form, and submitting the annual audited statement of accounts to the Council by 31st May and to the concerned Income-tax Commissioner. The approval is effective from 25-5-82 to 24-5-84.
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.
Tax approval under section 35(1)(ii) recognises scientific research status with mandatory accounting and reporting conditions.
Surottam Hutheesing Health Foundation, Ahmedabad, is approved under section 35(1)(ii) as a Scientific Research Association in medical research, subject to maintaining a separate account for research receipts, furnishing annual returns of research activities to the Council by 31st May in the prescribed form, and submitting the annual audited statement of accounts to the Council by 31st May and to the concerned Income-tax Commissioner. The approval is effective from 25-5-82 to 24-5-84.
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