Approval under section 35(1)(ii) permits donations to Indian Council of Medical Research to qualify for research deduction subject to conditions. Central Government approved M/s Indian Council of Medical Research as an Other Institution for research deduction purposes from assessment year 2019-2020, subject to conditions: funds must be used for scientific research; grants passed to non-ICMR institutes are excluded while collaborative ICMR research remains eligible; research must be carried out by faculty or enrolled students; separate books of account and an auditor's report and auditor-certified donations statement must be maintained and furnished by the income-tax return due date; approval may be withdrawn for failures of accounting, reporting, genuine research activity, or noncompliance with the applicable provisions.
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) permits donations to Indian Council of Medical Research to qualify for research deduction subject to conditions.
Central Government approved M/s Indian Council of Medical Research as an Other Institution for research deduction purposes from assessment year 2019-2020, subject to conditions: funds must be used for scientific research; grants passed to non-ICMR institutes are excluded while collaborative ICMR research remains eligible; research must be carried out by faculty or enrolled students; separate books of account and an auditor's report and auditor-certified donations statement must be maintained and furnished by the income-tax return due date; approval may be withdrawn for failures of accounting, reporting, genuine research activity, or noncompliance with the applicable provisions.
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