Research institution approval under income tax law ensures compliance and reporting obligations for scientific research funding. Approval is granted to the Social Security Research Centre, Ahmedabad as an approved institution under clause (iii) of sub section (1) of section 35 of the Income tax Act, subject to maintaining separate accounts for scientific research and to specified annual reporting: a return of research activities by 30 April and audited annual accounts with income, expenditure and balance sheet to the prescribed authority by 30 June, with copies to the Commissioner. The approval is effective for two years from 31 March 1983 to 30 March 1985.
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.
Research institution approval under income tax law ensures compliance and reporting obligations for scientific research funding.
Approval is granted to the Social Security Research Centre, Ahmedabad as an approved institution under clause (iii) of sub section (1) of section 35 of the Income tax Act, subject to maintaining separate accounts for scientific research and to specified annual reporting: a return of research activities by 30 April and audited annual accounts with income, expenditure and balance sheet to the prescribed authority by 30 June, with copies to the Commissioner. The approval is effective for two years from 31 March 1983 to 30 March 1985.
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