Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 4/1/1978
It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, in respect of only the expenditure incurred on scientific research, subject to the following conditions :—
(i) the society will submit annual reports on their research activities to the council ;
(ii) the society will submit annual reports about donations received and spent exclusively for research in the manner as and when required by the council.
Goa Cancer Society, Goa.
This notification is effective for a period of two years from 1-4-1977 to 31-3-1979.
[No. 2103 (F. No. 203/142/77--ITA.II)