Research institution approval under section 35 requires separate research accounts, annual activity returns, and annual financial filings. Approval under section 35(1)(ii) is granted to Jhaverbhai Patel Research Centre, Bombay, as an 'Association' in natural and applied sciences conditioned on maintaining a separate account for qualifying research receipts, furnishing annual research-activity returns to the prescribed authority by 30 April, and submitting annual accounts and a balance sheet to the Commissioner of Income-tax by 30 June; the approval is effective from 1 December 1981 to 30 November 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.
Research institution approval under section 35 requires separate research accounts, annual activity returns, and annual financial filings.
Approval under section 35(1)(ii) is granted to Jhaverbhai Patel Research Centre, Bombay, as an "Association" in natural and applied sciences conditioned on maintaining a separate account for qualifying research receipts, furnishing annual research-activity returns to the prescribed authority by 30 April, and submitting annual accounts and a balance sheet to the Commissioner of Income-tax by 30 June; the approval is effective from 1 December 1981 to 30 November 1983.
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