https://www.taxtmi.com/notifications?id=10874 Conversion of perpetual approval into time-bound approval is effected, making recognition valid until the specified expiry and subject to compliance. The institution must maintain a separate account for research receipts, furnish annual returns of research activities in prescribed forms by 30th April, submit audited accounts and balance-sheet to the prescribed authority and the tax commissioner by 30th June, and apply for extension at least three months before expiry, with late applications liable to rejection. en-us Fri, 12 Dec 1986 00:00:00 +0530 Mon, 08 Sep 2008 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=10874 Conversion of perpetual approval into time-bound approval is effected, making recognition valid until the specified expiry and subject to compliance. The institution must maintain a separate account for research receipts, furnish annual returns of research activities in prescribed forms by 30th April, submit audited accounts and balance-sheet to the prescribed authority and the tax commissioner by 30th June, and apply for extension at least three months before expiry, with late applications liable to rejection. Notifications Income Tax Fri, 12 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/notifications?id=10874