Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 5/4/1977
It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, the prescribed authority for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, subject to the following conditions :–
(1) The institute will submit annual reports on their research activities to the Council.
(2) The institute will submit annual reports about donations received and spent exclusively for research in the manner as and when required by the Council.
Shri Govind Prasad Vaidya Shashtipurti Ayurveda Samshodhan Vigyan Bhawan Trust, Ahmedabad.
This notification is effective for a period of 2 years from the date of this notification.
[No. 1713/F. No. 203/41/77-ITA. II