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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Wadia Institute Approved for Scientific Research under Section 35(1)(ii) of Income-tax Act; Must Adhere to Funding Rules.</h1> Wadia Institute of Himalayan Geology, Dehradun, has been approved by the Central Government under Section 35(1)(ii) of the Income-tax Act, 1961, for scientific research purposes, effective from April 1, 1998. The approval requires the institute to use funds for scientific research, conduct research through faculty or students, maintain separate audited accounts for research funds, and provide certified statements of donations and expenditures. The approval may be withdrawn if the institute fails to comply with these requirements or ceases genuine research activities.
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