Approval under section 35(1)(iii) conditions tax exemption on exclusive social science research use, separate accounts and annual reports. Approval under clause (iii) of sub section (1) of section 35 is conferred on the Centre for Organisation Development, Hyderabad, subject to conditions: funds must be used exclusively for promotion of social science research; separate accounts must be maintained for funds collected under the exemption; and an annual statement of accounts and annual report must be submitted to the approving authority and the concerned Commissioner of Income tax. The approval is effective for a three year period from 1 September 1980 to 31 August 1983.
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.
Approval under section 35(1)(iii) conditions tax exemption on exclusive social science research use, separate accounts and annual reports.
Approval under clause (iii) of sub section (1) of section 35 is conferred on the Centre for Organisation Development, Hyderabad, subject to conditions: funds must be used exclusively for promotion of social science research; separate accounts must be maintained for funds collected under the exemption; and an annual statement of accounts and annual report must be submitted to the approving authority and the concerned Commissioner of Income tax. The approval is effective for a three year period from 1 September 1980 to 31 August 1983.
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