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Circular No. 278-Income Tax I am directed to invite a reference to this Ministry’s Circular No. 266 [F. No. 275/12/80-IT(B)], dated 24-4-1980, wherein it was intimated that the deduction of income-tax at the same rates as were applicable during the financial year 1979-80 may continue to be made during the financial year 1980-81 from the payments of income chrgeable under the head “Salaries” under section 192.
That the Centre for Regional Ecological and Science Studies in Development Alternatives, Calcutta, will maintain a separate account of the sums received by it for scientific research in the field of natural and applied sciences other than agriculture/animal husbandry/fisheries and medicines.
It is hereby notified for general information that the following scientific 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.
In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies NAB Lions Home for aging Blind for the purpose of the said section for the assessment year(s) 1976-77 to 1980-81.
In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Rajasthan Go-Seva Sangh, Jaipur, for the purpose of the said section for the assessment year(s) 1977-78 to 1980-81.
That the Indian Economic Association shall send an annual report and audited statement of accounts regularly to the Indian Council of Social Science Research, New Delhi, showing the funds collected under this exemption and the manner in which these funds are utilised.
Hyderabad Science Society, Hyderabad, stands approved under section 35(1)(ii) of the Income-tax Act, 1961, vide Ministry of Finance, Dept. of Revenue, Notification No. 2933 (F. No. 203/38/79-ITA. II) dated 16-7-1979.
That the trust will furnish an annual audited statement of accounts to the Council for each year by 31st May each year and in addition send a copy of it to the concerned Income-tax Commissioner.
It is hereby notified for general information that the following scientific 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, by the Indian Council of Agricultural Research, New Delhi.
This Notification contains Amendment to Income-tax (Fifth Amendment) Rules, 1980 carried out on 24th July, 1980 not reproduced here as it is already contained in the body of the Rules itself
