Approval under section 35(1)(ii): institute recognised for research funding eligibility subject to accounting and audit conditions. Institute of Liver & Biliary Sciences, New Delhi is approved under clause (ii) of sub-section (1) of section 35 read with Rules 5C and 5E for AY 2012-13 onwards as a research institution, subject to conditions: research funds must be used for scientific research; research carried out by faculty or enrolled students; separate books of account for research receipts and expenditure must be maintained and audited by a qualified accountant with the audit report filed by the income-tax return due date; and a separate auditor-certified statement of donations and amounts applied to research must accompany the audit report. Approval may be withdrawn for failures to comply or if research is not genuine.
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 under section 35(1)(ii): institute recognised for research funding eligibility subject to accounting and audit conditions.
Institute of Liver & Biliary Sciences, New Delhi is approved under clause (ii) of sub-section (1) of section 35 read with Rules 5C and 5E for AY 2012-13 onwards as a research institution, subject to conditions: research funds must be used for scientific research; research carried out by faculty or enrolled students; separate books of account for research receipts and expenditure must be maintained and audited by a qualified accountant with the audit report filed by the income-tax return due date; and a separate auditor-certified statement of donations and amounts applied to research must accompany the audit report. Approval may be withdrawn for failures to comply or if research is not genuine.
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