Notification: S.O.2032
Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 8/5/1979
In continuation of this Deptt.’s Notification No. 1671 (F. No. 203/118/76-ITA-II) dated 24-2-1977, 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, read with rule 6(iv) of the Income-tax Rules, 1962, under the category of ” Institution ” in the area of other natural or applied sciences, subject to the following conditions :–
(i) That the Indian Institution of Chemical Engineers, Calcutta, will maintain a separate account of the sum received by it for scientific research in the field of natural or applied sciences (other than agriculture/animal husbandry/fisheries & medicines).
(ii) That the said Institution 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 this purpose, by 30th April, each year.
Institution
Indian Institution of Chemical Engineers, Calcutta.
This notification is effective for a period of three years from 1-4-1979 to 31-3-1982.
[No. 2809/F. No. 203/68/79-ITA-II
