Approved Institution National Hospital and Medical Research Centre, Bombay u/s 35(1)(ii)
Show AI Summary
Approval under section 35(1)(ii) recognition for research institution - conditional compliance requirements, annual reporting obligations and renewal timing.
Approval under section 35(1)(ii) is conferred on National Hospital and Medical Research Centre, Bombay, as an Institution for research purposes, conditional on maintaining a separate account for research receipts, furnishing annual returns of scientific research activities by 31st May, submitting audited annual accounts and balance sheet to the prescribed authority, the Central Board of Direct Taxes and the concerned Commissioner by 30th June, and applying for extension to the Central Board of Direct Taxes before approval expiry; late applications may be rejected.