Notification: S.O.1103
Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 4/1/1985

In continuation of this Office Notification No. 4590 (F. No. 203/242/80-ITA. II) dated April 27, 1982, it is hereby notified for general information that the institution mentioned below has been approved by the Department of Science and Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category ” Association ” subject to the following conditions :

(i) That the National Centre for the Performing Arts, Bombay, will maintain a separate account of the sums received by it for scientific research.

Online GST Certification Course by TaxGuru & MSME- Click here to Join

(ii) That the said Centre will furnish annual returns of its scientific research activities to the prescribed authority for every financial year in such forms as may be laid down and intimated to them for this purpose by 30th April, each year.

(iii) That the said Centre will submit to the prescribed authority by 30th June, each year, a copy of their audited annual accounts showing their total income and expenditure and balance-sheet showing its assets and liabilities with a copy of each of these documents to the concerned Commissioner of Income-tax.

Institution

National Centre for the Performing Arts, Bombay.

This notification is effective for a period of nine months from April 1, 1984, to December 31, 1984.

[No. 6143/F. No. 203/212/84-IT(A-II)

More Under Income Tax

Posted Under

Category : Income Tax (25148)
Type : Notifications (15273) Notifications/Circulars (30294)

Leave a Reply

Your email address will not be published. Required fields are marked *