Section 35(1)(iii) approval permits tax recognition for research institutions subject to research-use and audited reporting conditions. Notification approves Mahila Mandal Barmer Agor as an other Institution partly engaged in research for tax recognition from assessment year 2009-2010, subject to conditions: sums must be used for social science research; research conducted via faculty or enrolled students; separate books of account for research receipts and application; audit 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 for research.
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Provisions expressly mentioned in the judgment/order text.
Section 35(1)(iii) approval permits tax recognition for research institutions subject to research-use and audited reporting conditions.
Notification approves Mahila Mandal Barmer Agor as an other Institution partly engaged in research for tax recognition from assessment year 2009-2010, subject to conditions: sums must be used for social science research; research conducted via faculty or enrolled students; separate books of account for research receipts and application; audit 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 for research.
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