Notification: S.O.2438
Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 7/6/1977
It is hereby notified for general information that the institution mentioned below has been approved by the Secretary, the 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, subject to the following conditions :–
(i) that the Deccan Sugar Institute, Pune, will maintain a separate account of the sums received/spent by it for scientific research in the field of ” other natural and applied sciences “.
(ii) That the said Institute will furnish the annual return of its scientific research activities to the prescribed authority by 30th April each year for every financial year in such forms as may be laid down and intimated to them for this purposes.
Institution
Deccan Sugar Institute, Pune.
This notification is effective for a period of three years from 1st April, 1977.
[No. 1812 (F. No. 203/35/77-ITA. II)
