Research approval under Section 35(1)(ii): institution must keep separate research accounts and file annual returns and audited accounts. The National Institute of Immunology, New Delhi is approved under Section 35(1)(ii) as an institution for scientific research, subject to conditions: maintain separate accounts for research receipts; furnish annual returns of research activities by 30 April in prescribed forms; and submit audited annual accounts and balance-sheet to the prescribed authority by 30 June with copies to the concerned Commissioner of Income-tax. Approval is effective for the period specified in the notification.
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Provisions expressly mentioned in the judgment/order text.
Research approval under Section 35(1)(ii): institution must keep separate research accounts and file annual returns and audited accounts.
The National Institute of Immunology, New Delhi is approved under Section 35(1)(ii) as an institution for scientific research, subject to conditions: maintain separate accounts for research receipts; furnish annual returns of research activities by 30 April in prescribed forms; and submit audited annual accounts and balance-sheet to the prescribed authority by 30 June with copies to the concerned Commissioner of Income-tax. Approval is effective for the period specified in the notification.
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