Section(s) Referred: 35 ,35(1) ,35(1)(iii)
Statute: INCOME TAX
Date of Issue: 27/12/1980
It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Social Science Research the prescribed authority for the purposes of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, on the following conditions :—
1. That the funds collected by the Karnataka Historical Research Society, Dharwad under this exemption will be utilised exclusively for promotion of research in social sciences.
2. That the Society shall maintain separate accounts of the funds collected by them under the exemption.
3. That the Society shall send annual reports to the ICSSR, New Delhi, showing the funds collected under the exemption and the manner in which the funds were utilized.
Karnataka Historical Research Society, Dharwad.
This notification is effective for a period of three years from 1st April, 1980, to 31st March, 1983.
[No. 3777 (F. No. 203/233/80-ITA-II)