Approval under Section 35(1)(ii) ensures tax recognition for research bodies subject to strict utilization, accounting and audit conditions. Approval under Section 35(1)(ii) was granted to Vivekananda Yoga Anusandhana Samsthana effective 1 April 2004 as an 'other Institution' partly engaged in scientific research, subject to utilization of donations for research, conducting research through faculty or enrolled students, maintaining separate books of account for research receipts and expenditures, obtaining an audit by a qualified accountant and furnishing the audit report and an auditor-certified statement of donations and applications to the tax authority by the return filing due date.
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.
Approval under Section 35(1)(ii) ensures tax recognition for research bodies subject to strict utilization, accounting and audit conditions.
Approval under Section 35(1)(ii) was granted to Vivekananda Yoga Anusandhana Samsthana effective 1 April 2004 as an 'other Institution' partly engaged in scientific research, subject to utilization of donations for research, conducting research through faculty or enrolled students, maintaining separate books of account for research receipts and expenditures, obtaining an audit by a qualified accountant and furnishing the audit report and an auditor-certified statement of donations and applications to the tax authority by the return filing due date.
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