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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>CRRID in Chandigarh Approved for Research Funding u/s 35(1)(iii) of Income-tax Act 1961, 2004-2007.</h1> The Centre for Research in Rural & Industrial Development (CRRID) in Chandigarh has been approved by the Central Government under Section 35(1)(iii) of the Income-tax Act, 1961, for the period from April 1, 2004, to March 31, 2007. This approval categorizes CRRID as an institution partially engaged in research activities. The organization must maintain separate accounts for its research activities and submit audited Income and Expenditure accounts annually to the relevant tax authorities. Additionally, an auditor's certificate must accompany these accounts, detailing funds received for research and confirming expenditures on social science or statistical research.
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