Income tax approval for research funding: exemption permitted subject to exclusive use, separate accounts, and annual audited reports. Approval is granted to Jain Vishwa Bharati, Rajasthan, under clause (iii) of sub section (1) of section 35 of the Income tax Act permitting collection of funds for research provided the funds are used exclusively for promotion of research in Social Sciences/Social Philosophy, separate accounts are maintained for such funds, and the institution submits an annual report and audited statement of accounts to the prescribed authority showing collection and utilisation; the approval is effective from the date of issue and valid for three years.
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Income tax approval for research funding: exemption permitted subject to exclusive use, separate accounts, and annual audited reports.
Approval is granted to Jain Vishwa Bharati, Rajasthan, under clause (iii) of sub section (1) of section 35 of the Income tax Act permitting collection of funds for research provided the funds are used exclusively for promotion of research in Social Sciences/Social Philosophy, separate accounts are maintained for such funds, and the institution submits an annual report and audited statement of accounts to the prescribed authority showing collection and utilisation; the approval is effective from the date of issue and valid for three years.
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