https://www.taxtmi.com/notifications?id=24372 Approval of CSIR as an Other Institution for research expenditure exemption is granted subject to conditions: funds must be used for scientific research carried out by faculty or enrolled students; separate books of account for research receipts and applications must be maintained and audited by an accountant with the audit report filed by the income tax return due date; a separately certified statement of donations and amounts applied to research must accompany the audit report. The Central Government may withdraw approval for failures to maintain books, furnish audit report or certified donation statement, ceasing genuine research, or noncompliance with approval conditions. en-us Fri, 30 Sep 2011 00:00:00 +0530 Mon, 03 Oct 2011 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=24372 Approval of CSIR as an Other Institution for research expenditure exemption is granted subject to conditions: funds must be used for scientific research carried out by faculty or enrolled students; separate books of account for research receipts and applications must be maintained and audited by an accountant with the audit report filed by the income tax return due date; a separately certified statement of donations and amounts applied to research must accompany the audit report. The Central Government may withdraw approval for failures to maintain books, furnish audit report or certified donation statement, ceasing genuine research, or noncompliance with approval conditions. Notifications Income Tax Fri, 30 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/notifications?id=24372