Approved institution status requires separate research accounts and annual returns plus audited accounts to prescribed authority and tax commissioner. The Usha Scientific Research Institute, Calcutta, is approved as an approved institution for scientific research under the category 'Association'; conditions require maintenance of a separate account for research receipts, annual research-activity returns to the prescribed authority by 30 April, and submission by 30 June of audited annual accounts and balance-sheet, with copies to the concerned Commissioner of Income-tax. The approval applies for the period 1 April 1983 to 31 March 1984.
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Provisions expressly mentioned in the judgment/order text.
Approved institution status requires separate research accounts and annual returns plus audited accounts to prescribed authority and tax commissioner.
The Usha Scientific Research Institute, Calcutta, is approved as an approved institution for scientific research under the category "Association"; conditions require maintenance of a separate account for research receipts, annual research-activity returns to the prescribed authority by 30 April, and submission by 30 June of audited annual accounts and balance-sheet, with copies to the concerned Commissioner of Income-tax. The approval applies for the period 1 April 1983 to 31 March 1984.
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