Religious purpose exclusion versus charitable purpose: non overriding religious objects do not attract Explanation 3, registration directed under sect...
Search-assessment proviso jurisdiction, time-barred valuation reports, and denial of cross-examination vitiate valuation-based and confession-based ad...
Proceeds of crime: provisional attachment confirmed; equivalent value attachment and acquisition date fair market value upheld, Covid exclusion preser...
Indian Institute of Science Education and Research, Pune is approved under section 35(1)(ii) of the Income-tax Act, 1961, read with Rules 5C and 5E of the Income-tax Rules, 1962, as a "university, college or other institution" for "scientific research" for assessment years 2026-27 to 2030-31. Consequently, eligible payments made to the approved institution for scientific research during the applicable period qualify for deduction under section 35(1)(ii), subject to the conditions of the Act and the Rules.
Indian Institute of Science Education and Research, Pune is approved under section 35(1)(ii) of the Income-tax Act, 1961, read with Rules 5C and 5E of the Income-tax Rules, 1962, as a "university, college or other institution" for "scientific research" for assessment years 2026-27 to 2030-31. Consequently, eligible payments made to the approved institution for scientific research during the applicable period qualify for deduction under section 35(1)(ii), subject to the conditions of the Act and the Rules.
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