Research funding exemption requires exclusive use for social science research with separate accounts and annual audited reports. Approval is granted to Himalaya Sameekha Parishad, Calcutta under the income-tax research exemption subject to conditions that funds collected under the exemption be used exclusively for social science research, be recorded in separate accounts, and be reported annually to the prescribed authority with an audited statement detailing receipt and utilization; the approval is effective 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 funding exemption requires exclusive use for social science research with separate accounts and annual audited reports.
Approval is granted to Himalaya Sameekha Parishad, Calcutta under the income-tax research exemption subject to conditions that funds collected under the exemption be used exclusively for social science research, be recorded in separate accounts, and be reported annually to the prescribed authority with an audited statement detailing receipt and utilization; the approval is effective for a specified three-year period.
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