Approval under section 35(1)(ii) enables donations for scientific research subject to accounting, audit and reporting conditions. The Energy and Resources Institute, New Delhi, is approved under section 35(1)(ii) as an 'other Institution' partly engaged in research with effect from 1.4.2006, subject to conditions: sums paid must be utilized for scientific research; research must be carried out through faculty or enrolled students; separate books of accounts for research receipts and expenditure must be maintained and audited by an accountant with the audit report furnished to the Commissioner or Director of Income-tax by the return due date; and a separate auditor-certified statement of donations and amounts applied for research must accompany the audit report.
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)(ii) enables donations for scientific research subject to accounting, audit and reporting conditions.
The Energy and Resources Institute, New Delhi, is approved under section 35(1)(ii) as an "other Institution" partly engaged in research with effect from 1.4.2006, subject to conditions: sums paid must be utilized for scientific research; research must be carried out through faculty or enrolled students; separate books of accounts for research receipts and expenditure must be maintained and audited by an accountant with the audit report furnished to the Commissioner or Director of Income-tax by the return due date; and a separate auditor-certified statement of donations and amounts applied for research must accompany the audit report.
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