Conditions subject to which approval is to be granted to a University, College or other Institution under clause (ii) and clause (iii) of sub-section (1) of section 35

Conditions subject to which approval is to be granted to a University, College or other Institution under clause (ii) and clause (iii) of sub-section (1) of section 35 https://www.taxtmi.com/acts?id=3660 Approval for a university, college or other institution under clause (ii) or clause (iii) of sub-section (1) of section 35 is subject to the condition that sums received are used for scientific research, research in social science or statistical research, and that such research is carried out through faculty members or enrolled students. The institution must maintain separate books of account, get them audited, furnish the audit report and statements of donations and research expenditure, and provide annual particulars of research work, publications, patents and proposed research programmes. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 23 May 2026 11:28:10 +0530 TaxTMI RSS Generator Conditions subject to which approval is to be granted to a University, College or other Institution under clause (ii) and clause (iii) of sub-section (1) of section 35 https://www.taxtmi.com/acts?id=3660 Approval for a university, college or other institution under clause (ii) or clause (iii) of sub-section (1) of section 35 is subject to the condition that sums received are used for scientific research, research in social science or statistical research, and that such research is carried out through faculty members or enrolled students. The institution must maintain separate books of account, get them audited, furnish the audit report and statements of donations and research expenditure, and provide annual particulars of research work, publications, patents and proposed research programmes. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3660