Approval under section 35(1)(iii) permits tax-exempt research funding with conditions on use, accounting and reporting. Approval under section 35(1)(iii) authorises the Institute of Development Studies, Jaipur to receive tax-exempt research funds conditioned on exclusive use for social science research, maintenance of separate accounts for exempt funds, submission of an annual report and audited accounts to the prescribed authority, and segregation of accounts for any donations earmarked for non social science research. The approval is time-limited for a 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.
Approval under section 35(1)(iii) permits tax-exempt research funding with conditions on use, accounting and reporting.
Approval under section 35(1)(iii) authorises the Institute of Development Studies, Jaipur to receive tax-exempt research funds conditioned on exclusive use for social science research, maintenance of separate accounts for exempt funds, submission of an annual report and audited accounts to the prescribed authority, and segregation of accounts for any donations earmarked for non social science research. The approval is time-limited for a three year period.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.