Notification: S.O.741
Section(s) Referred: 35 ,35(2A)
Statute: INCOME TAX
Date of Issue: 4/12/1981
It is hereby notified for general information that the following research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, read with rule 6(iv) of the Income-tax Rules, 1962, by the Secretary, Department of Science & Technology, New Delhi :—
1. Scientific research project : Alternative to Oil-power Alchohol.
2. Sponsored by (a) : M/s. Punjab Tractors Ltd. phase-IV, S. A. S. Nagar, Dist. Ropar (Punjab).
3. Sponsored at (b) : Punjab University, Chandigarh.
4. Duration of research project : 1-2-1980 to 31-12-1984.
5. Estimated outlay : Rs. 33.00 lakhs.
2. The Punjab University stands approved under section 10(2)(xiii), the Income-tax Act, 1922, by Notification No. 56-T dated 4-6-1949.
[No. 4366/F. No. 203/127/81-IT-A. II