Approval for scientific research status: institution granted conditional tax recognition subject to accounting and annual reporting obligations. Mangalore Medical Relief Society is approved as an Institution for scientific research subject to maintaining a separate account for research receipts; furnishing annual returns of scientific research activities to the prescribed authority by 30 April each year; and submitting audited annual accounts, income and expenditure statements and a balance-sheet to the prescribed authority and the concerned Commissioner of Income-tax by 30 June each year. The approval is effective from 27 December 1982 to 31 December 1983.
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 for scientific research status: institution granted conditional tax recognition subject to accounting and annual reporting obligations.
Mangalore Medical Relief Society is approved as an Institution for scientific research subject to maintaining a separate account for research receipts; furnishing annual returns of scientific research activities to the prescribed authority by 30 April each year; and submitting audited annual accounts, income and expenditure statements and a balance-sheet to the prescribed authority and the concerned Commissioner of Income-tax by 30 June each year. The approval is effective from 27 December 1982 to 31 December 1983.
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