That the said Institute will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.
This notification contains Amendment to Income-tax (Eighth Amendment) Rules, 1987 carried out on 29th October, 1987 not reproduced here as it is already contained in the body of the Rules itself.