Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Rule 5D - Conditions subject to which approval is to be granted to a research association under clause (ii) or clause (iii) of sub-section (1) of section 35.
Income-tax Rules, 1962 Part C Profits and gains of business or profession
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Approval conditions for research associations require audited accounts, certified donations statements, and detailed research reporting to tax authorities. Conditions for approval require the research association's sole object to be scientific, social science, or statistical research carried out by the association; maintenance of books of account, audited by a prescribed accountant, with the audit report and an auditor certified statement of donations and amounts applied furnished to the tax authority by the return due date; and a statement on prior and proposed research, publications, patents, and financial allocations. The tax authority may report non compliance, cessation of genuine activity, or failure to furnish required documents to the Central Government within six months of the return due date.
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.
Approval conditions for research associations require audited accounts, certified donations statements, and detailed research reporting to tax authorities.
Conditions for approval require the research association's sole object to be scientific, social science, or statistical research carried out by the association; maintenance of books of account, audited by a prescribed accountant, with the audit report and an auditor certified statement of donations and amounts applied furnished to the tax authority by the return due date; and a statement on prior and proposed research, publications, patents, and financial allocations. The tax authority may report non compliance, cessation of genuine activity, or failure to furnish required documents to the Central Government within six months of the return due date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
