TMI BlogWhat are the conditions as specified u/s 10(21) to avail exemption of any income of a research association, approved under section 35(1)(ii)/(iii)?X X X X Extracts X X X X X X X X Extracts X X X X ..... ons and Deductions - Income Tax - Manuals - FAQ - Dated:- 16-5-2018 - Manual - Exempted Income u/s 10 - Assessee Specific Any income of a research association, approved under section 35(1)( ii ) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5). However, this condition is not applicable in respect of the following:- (i) Any assets held by the research association where such assets form part of the corpus (ii) any accretion to the sh ..... X X X X Extracts X X X X X X X X Extracts X X X X
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