Notification: S.O.115
Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 17/10/1979
It is hereby notified for general information that the institution mentioned below has been approved by the Secretary, the Department of Science and 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 ‘College’ in the area of other natural or applied sciences, subject to the following conditions :–
(i) That the Regional Engineering College, Rourkela, will maintain a separate account of the sums received by it for scientific research in the field of natural or applied sciences (other than agriculture/animal husbandry/fisheries and medicines).
(ii) That the said college will furnish the annual return 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 the purpose, by 30th April, each year.
Institution
Regional Engineering College, Rourkela (Orissa).
This notification is effective for a period of three years from 20-7-1979 to 19-7-1982.
[No. 3034 F. No. 203/103/79-ITA-II)
