Scientific research association approval requires exclusive research activity, audited accounts and certified donation statements; noncompliance leads to withdrawal. Approval is granted to Dabur Research Foundation as a scientific research association from 1-4-2004 subject to conditions: sole objective of scientific research, conduct research itself, maintain audited books and submit the audit report by the income-tax return due date, and maintain a separately certified statement of donations and amounts applied to scientific research to accompany the audit report. The Central Government may withdraw approval for failure to maintain books, furnish audit report or donation statement, cease genuine research activity, or otherwise fail to conform to the statutory conditions.
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Provisions expressly mentioned in the judgment/order text.
Scientific research association approval requires exclusive research activity, audited accounts and certified donation statements; noncompliance leads to withdrawal.
Approval is granted to Dabur Research Foundation as a scientific research association from 1-4-2004 subject to conditions: sole objective of scientific research, conduct research itself, maintain audited books and submit the audit report by the income-tax return due date, and maintain a separately certified statement of donations and amounts applied to scientific research to accompany the audit report. The Central Government may withdraw approval for failure to maintain books, furnish audit report or donation statement, cease genuine research activity, or otherwise fail to conform to the statutory conditions.
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