Exemption under income tax provision: university approved for research exemption subject to separate accounts and annual returns. Exemption under section 35(1)(ii) is granted to Punjab Agricultural University, Ludhiana for research in other natural or applied sciences (excluding agriculture, animal husbandry, fisheries and medicines), conditional on maintaining a separate account for sums received for qualifying research and on furnishing an annual return of research activities to the prescribed authority in the prescribed form by the annual deadline.
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.
Exemption under income tax provision: university approved for research exemption subject to separate accounts and annual returns.
Exemption under section 35(1)(ii) is granted to Punjab Agricultural University, Ludhiana for research in other natural or applied sciences (excluding agriculture, animal husbandry, fisheries and medicines), conditional on maintaining a separate account for sums received for qualifying research and on furnishing an annual return of research activities to the prescribed authority in the prescribed form by the annual deadline.
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