Notification: S.O.1724
Section(s) Referred: 35 ,35(2A)
Statute: INCOME TAX
Date of Issue: 8/3/1976
It is hereby notified for general information that the following research programme has been approved by the prescribed authority, the Indian Council of Medical Research, New Delhi, for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961. The approval is being granted subject to the condition that the institution will submit annual reports and returns to the prescribed authority for annual review in respect of donations received for research project and expenditure incurred exclusively for this research programme :
Name of the research programme.–Development and research on newer methods for rehabilitating rural physically handicaped Indian children with special reference to their environment conditions.
Sponsored by.–1. Agarwal Engineering Corporation, Kalyan Bhavan, 4th Floor, 35, Kalbadevi Road, Bombay-2.
2. Great Eastern Shipping Company, Mercantile Bank Building, Flora Fountain, Fort, Bombay-1.
3. Bajaj Tempo Limited, Akurdi, Poona-29.
4. Bajaj Auto Limited, Akurdi, Poona-29.
5. P.T.C. Sanghvi & Co., 110, Shivajinagar, Poona-5.
6. Kamdehnu Chemical and Fertilizer Industries, Krishi Bhavan, 1379, Bhawani Peth, Poona-2.
Sponsored at.–Hastimal Sancheti Memorial Trust, Poona.
Duration of the research programme.–Five years w.e.f. 1st January, 1976.
Estimated cost of the research programme.–Rs. 47.14 lakhs.
Hastimal Sancheti Memorial Trust, Poona, where the above programme has been sponsored, has been approved for the purpose of section 35(1)(ii) by Notification No. 1164 (F. No. 203/31/75-ITA II), dated 15-12-1975
