Research approval under section 35 requires separate research accounts, audited income & expenditure returns, and auditor certification of scientific research. Approval is granted to Rajiv Gandhi Foundation as an Institution for purposes of clause (iii) of sub section (1) of section 35, subject to conditions: maintain separate accounts for research (unless categorized as an Association); submit audited Income & Expenditure accounts for approved research to the Director General (Exemptions) and the Commissioner/Director having jurisdiction and to the designated assessing officer by the return due date; and furnish an auditor's certificate that the amounts incurred are for scientific 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 approval under section 35 requires separate research accounts, audited income & expenditure returns, and auditor certification of scientific research.
Approval is granted to Rajiv Gandhi Foundation as an Institution for purposes of clause (iii) of sub section (1) of section 35, subject to conditions: maintain separate accounts for research (unless categorized as an Association); submit audited Income & Expenditure accounts for approved research to the Director General (Exemptions) and the Commissioner/Director having jurisdiction and to the designated assessing officer by the return due date; and furnish an auditor's certificate that the amounts incurred are for scientific research.
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