Notification: S.O.1706
Section(s) Referred: 35 ,35(1) ,35(1)(iii)
Statute: INCOME TAX
Date of Issue: 24/3/1981
It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Social Science Research, New Delhi, the prescribed authority for the purposes of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, subject to the following conditions :
1. That the funds collected by the Centre for Regional Ecological and Science Studies in Development Alternatives, under this exemption shall be utilised exclusively for promotion of research in Social Sciences.
2. That the Centre for Regional Ecological and Science Studies in Development Alternatives shall maintain separate accounts of the funds so collected by them under the exemption, and
3. That the centre for Regional Ecological and Science Studies in Development Alternatives shall send an annual report and audited statement of accounts annually and regularly to the Indian Council of Social Science Research, New Delhi, showing the quantum of funds collected under this exemption and the manner in which these funds are utilised.
Institution
Centre for Regional Ecological and Science Studies in Development Alternatives, Calcutta.
This notification is effective for a period of three years and three months (from 1st January, 1981, to 31st March, 1984).
[No. 3908 (F. No. 203/27/81-ITA-II)
