Section(s) Referred: 35 ,35(1) ,35(1)(iii)
Statute: INCOME TAX
Date of Issue: 2/2/1979
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 :–
That the Foundation sends every year a report to the Indian Council of Social Science Research, New Delhi, about the funds collected by it under the exemption and the manner in which the funds were utilised.
V. Shantaram Motion Picture Scientific Research & Cultural Foundation, Bombay.
This notification takes effect for a period of 3 years from 1-4-1979 to 31-3-1981.
[No. 2709/F. No. 203/25/78-ITA. II