Research funding exemption approved for a social science centre, subject to exclusive use, accounting, reporting and prescribed investments. The Consumer Education and Research Centre, Ahmedabad, is approved under clause (iii) of sub section (1) of section 35 subject to conditions: funds must be used exclusively for social science research; a separate account must be maintained; annual accounts and reports must be furnished to the prescribed authority and the Commissioner of Income tax showing receipts and utilisation; and any unutilised donations must be invested in prescribed instruments.
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 approved for a social science centre, subject to exclusive use, accounting, reporting and prescribed investments.
The Consumer Education and Research Centre, Ahmedabad, is approved under clause (iii) of sub section (1) of section 35 subject to conditions: funds must be used exclusively for social science research; a separate account must be maintained; annual accounts and reports must be furnished to the prescribed authority and the Commissioner of Income tax showing receipts and utilisation; and any unutilised donations must be invested in prescribed instruments.
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