Research donation approval permits donor deduction where approved institution maintains separate research accounts and audited certification. Approval to M/s Vipassana Research Institute as an institution eligible for donor tax deduction under clause (iii) of sub-section (1) of section 35 is subject to maintaining separate accounts for research, submitting audited Income & Expenditure accounts for each approved year to the tax commissioner within the prescribed filing timeline or ninety days of notification, and furnishing an auditor's certificate identifying qualifying receipts and certifying that expenditures were for social science or statistical 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.
Research donation approval permits donor deduction where approved institution maintains separate research accounts and audited certification.
Approval to M/s Vipassana Research Institute as an institution eligible for donor tax deduction under clause (iii) of sub-section (1) of section 35 is subject to maintaining separate accounts for research, submitting audited Income & Expenditure accounts for each approved year to the tax commissioner within the prescribed filing timeline or ninety days of notification, and furnishing an auditor's certificate identifying qualifying receipts and certifying that expenditures were for social science or statistical research.
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