Research exemption under section 35 requires exclusive use of collected funds for social science research and strict reporting. Approval under section 35(1)(ii) permits the Institute for Financial Management & Research, Madras to collect funds to be used exclusively for promotion of social science research, subject to maintaining separate accounts and submitting annual accounts and reports to the prescribed authority and the Commissioner of Income-tax, detailing funds collected under the exemption and their application, for a specified limited 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 exemption under section 35 requires exclusive use of collected funds for social science research and strict reporting.
Approval under section 35(1)(ii) permits the Institute for Financial Management & Research, Madras to collect funds to be used exclusively for promotion of social science research, subject to maintaining separate accounts and submitting annual accounts and reports to the prescribed authority and the Commissioner of Income-tax, detailing funds collected under the exemption and their application, for a specified limited period.
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