Scientific research expenditure - Jain Vishva Bharati, Ladnun, Nagaur approved as an organization for purpose of section 35(1)(iii) - 30/2010 - Income Tax Act, 1961
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Scientific research approval permits donations for social science research subject to separate accounts and audited reporting. Jain Vishva Bharati, Ladnun, Nagaur is approved as an organisation in the category of other Institution for purposes of scientific research expenditure from assessment year 2007-2008, provided sums paid are used for research in social sciences carried out by faculty or enrolled students; the organisation maintains separate books for research receipts and expenditures, obtains an audit by a qualified accountant and furnishes the audit report by the return due date, and provides an auditor certified statement of donations and amounts applied for research.
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.
Scientific research approval permits donations for social science research subject to separate accounts and audited reporting.
Jain Vishva Bharati, Ladnun, Nagaur is approved as an organisation in the category of other Institution for purposes of scientific research expenditure from assessment year 2007-2008, provided sums paid are used for research in social sciences carried out by faculty or enrolled students; the organisation maintains separate books for research receipts and expenditures, obtains an audit by a qualified accountant and furnishes the audit report by the return due date, and provides an auditor certified statement of donations and amounts applied for research.
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