Notification: S.O.1355
Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 16/1/1961
It is hereby notified for general information that the institution mentioned below has been approved by the Secretary, Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6(iv) of the Income-tax Rules, 1962, under the category of “Association” in the area of other natural and applied sciences, subject to the following conditions :—
(i) That the Assam Science Society, Gauhati, will maintain a separate account of the sums received by it for scientific research in the field of natural and applied sciences other than agriculture/animal husbandry/fisheries and medicines.
(ii) That the said Association will furnish annual returns of its scientific research activities to the prescribed authority for every financial year in such forms as may be laid down and intimated to them for this purpose by 30th April, each year.
(iii) That the said Association will submit the annual returns and statement of accounts to the Commissioner of Income-tax, Gauhati, for every year.
Institution
Assam Science Society, Gauhati.
This notification is effective for a period of 3 years 7-12-1980 to 6-12-1983.
[No. 3796/F. No. 203/173/80-ITA-II
