Research institution approval under section 35(1)(iii) requires separate research accounts, annual returns and audited accounts within deadlines. Approval is granted to Nehru Memorial Museum and Library, New Delhi, as an institution under clause (iii) of sub-section (1) of section 35 of the Income-tax Act, effective from 1-9-1983 to 31-8-1986, subject to conditions requiring the maintenance of a separate account for research receipts, annual returns of research activities to the prescribed authority by 30th April, and submission by 30th June 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.
Research institution approval under section 35(1)(iii) requires separate research accounts, annual returns and audited accounts within deadlines.
Approval is granted to Nehru Memorial Museum and Library, New Delhi, as an institution under clause (iii) of sub-section (1) of section 35 of the Income-tax Act, effective from 1-9-1983 to 31-8-1986, subject to conditions requiring the maintenance of a separate account for research receipts, annual returns of research activities to the prescribed authority by 30th April, and submission by 30th June of audited annual accounts and balance-sheet with copies to the concerned Commissioner of Income-tax.
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