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Income Tax - Highlights / Catch Notes

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Denial of approval u/s 35(1)(ii) - deemed university - ...


Deemed University Denied Tax Approval u/s 35(1)(ii) for Lack of Significant Scientific Research; Case Remanded.

April 12, 2019

Case Laws     Income Tax     HC

Denial of approval u/s 35(1)(ii) - deemed university - demonstrate the significant scientific research activity undertaken - while denying there is no holding that activities claimed by the petitioner were genuine or not and funds being paid to the petitioner were intended for the stated purpose or not - Remanded for reconsideration

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