https://www.taxtmi.com/manuals?id=7988 Approval for deduction of expenditure on scientific research under section 45(4) depends on compliance by research associations and universities, colleges or other institutions. The conditions include a sole research object, conduct of research by the applicant itself or through faculty or enrolled students, maintenance of books of account, audit by an accountant, filing of audit reports and separate statements of donations and research utilisation, and annual reporting of research work, publications, patents and future programmes. Failure to comply, cessation of genuine research activity, or breach of approval conditions may trigger a report to the Central Government. en-us Tue, 21 Apr 2026 16:11:00 +0530 Tue, 21 Apr 2026 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7988 Approval for deduction of expenditure on scientific research under section 45(4) depends on compliance by research associations and universities, colleges or other institutions. The conditions include a sole research object, conduct of research by the applicant itself or through faculty or enrolled students, maintenance of books of account, audit by an accountant, filing of audit reports and separate statements of donations and research utilisation, and annual reporting of research work, publications, patents and future programmes. Failure to comply, cessation of genuine research activity, or breach of approval conditions may trigger a report to the Central Government. Manuals Income Tax Tue, 21 Apr 2026 16:11:00 +0530 https://www.taxtmi.com/manuals?id=7988