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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Rajiv Gandhi Foundation Approved for Social Science Research Funding Under Income-tax Act Section 35(1)(iii.</h1> The Rajiv Gandhi Foundation, located in New Delhi, has received approval from the Central Government under section 35(1)(iii) of the Income-tax Act, 1961, effective from the assessment year 2007-08. This approval allows the foundation, categorized as an institution partly engaged in research activities, to receive funds for social science research. The foundation must adhere to specific conditions, including utilizing funds for social science research, maintaining separate audited accounts, and providing detailed reports of donations and expenditures. Failure to comply with these conditions may result in the withdrawal of approval by the Central Government.
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