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That the institute shall send annual statement of accounts and annual report to the Indian Council of Social Science Research as well as to the concerned Commissioner of Income-tax, showing the funds collected by them under the exemption and the manner in which the funds were utilized.
In exercise of the powers conferred by sub-section (23C) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Prasanna Venkatesa Perumal Sannidhi, Velukkudi, Mannargudi Taluk, Tanjore District, Tamil Nadu, to be a place of public worship of renown throughout the State of Tamil Nadu for the purposes of the said section.
