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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Indian Council for Research on International Economic Relations Approved Under Section 35(1)(ii) for Social Science Research Funding</h1> The Indian Council for Research on International Economic Relations, New Delhi, has been approved by the Central Government under Section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 2005. This approval is for research in social sciences, requiring the organization to utilize funds for such research, maintain audited accounts, and submit relevant reports to tax authorities. The organization must also keep a separate record of donations and their application. The approval may be revoked if the organization fails to maintain proper accounts, submit required reports, or if its research activities are not genuine or compliant with the Act.
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