Approval under section 35(1)(iii): tax-exempt funds must finance social-science research with separate accounts and annual reports. Approval is granted to the Gujarat Institute of Area Planning, Ahmedabad under section 35(1)(iii) subject to conditions that funds collected under the exemption be used exclusively for promotion of social science research, that separate accounts be maintained for such funds, and that an annual report be sent to the prescribed authority showing funds collected and their utilisation for the exemption 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): tax-exempt funds must finance social-science research with separate accounts and annual reports.
Approval is granted to the Gujarat Institute of Area Planning, Ahmedabad under section 35(1)(iii) subject to conditions that funds collected under the exemption be used exclusively for promotion of social science research, that separate accounts be maintained for such funds, and that an annual report be sent to the prescribed authority showing funds collected and their utilisation for the exemption period.
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