Research approval under section 35: conditions require research use, audited separate accounts, and certified donation statements. Approval under section 35(1)(ii) has been granted to Asian Health Care Foundation, Hyderabad, from assessment year 2008-09 as an institution partly engaged in research, subject to conditions: use of sums for scientific research; research carried out by faculty or enrolled students; maintenance of separate books of account for research receipts and expenditures; audit of those books by a defined accountant and furnishing the audit report to tax authorities by the return due date; and maintenance of an auditor-certified statement of donations and amounts applied to research to accompany the audit report. The Central Government may withdraw approval for specified failures to comply.
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.
Research approval under section 35: conditions require research use, audited separate accounts, and certified donation statements.
Approval under section 35(1)(ii) has been granted to Asian Health Care Foundation, Hyderabad, from assessment year 2008-09 as an institution partly engaged in research, subject to conditions: use of sums for scientific research; research carried out by faculty or enrolled students; maintenance of separate books of account for research receipts and expenditures; audit of those books by a defined accountant and furnishing the audit report to tax authorities by the return due date; and maintenance of an auditor-certified statement of donations and amounts applied to research to accompany the audit report. The Central Government may withdraw approval for specified failures to comply.
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