Approval under section 35(1)(ii) grants institutional research status subject to separate accounts, annual returns, and audited filings. Approval under section 35(1)(ii) recognizes Anna Institute of Management, Madras, as an institution for research-related tax purposes, effective for a specified period, subject to conditions requiring maintenance of a separate account for research receipts, annual returns of scientific research activities to the prescribed authority by 30th April each year, and submission by 30th June each year of audited annual accounts and balance-sheet with copies to the concerned Commissioner of Income-tax.
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) grants institutional research status subject to separate accounts, annual returns, and audited filings.
Approval under section 35(1)(ii) recognizes Anna Institute of Management, Madras, as an institution for research-related tax purposes, effective for a specified period, subject to conditions requiring maintenance of a separate account for research receipts, annual returns of scientific research activities to the prescribed authority by 30th April each year, and submission by 30th June each year of audited annual accounts and balance-sheet with copies to the concerned Commissioner of Income-tax.
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