Research expenditure approval for college requires separate research accounts and annual returns to prescribed authority. Ramakrishna Mission Vivekananda College, Madras is approved under the Income-tax research qualification in the college category for other natural or applied sciences, subject to maintaining a separate account for sums received for scientific research (excluding agriculture, animal husbandry, fisheries and medicines) and furnishing an annual return of scientific research activities to the prescribed authority in the prescribed form by 30th April each year, for a specified three year period.
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.
Research expenditure approval for college requires separate research accounts and annual returns to prescribed authority.
Ramakrishna Mission Vivekananda College, Madras is approved under the Income-tax research qualification in the college category for other natural or applied sciences, subject to maintaining a separate account for sums received for scientific research (excluding agriculture, animal husbandry, fisheries and medicines) and furnishing an annual return of scientific research activities to the prescribed authority in the prescribed form by 30th April each year, for a specified three year period.
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