Notification: S.O.1283
Section(s) Referred: 35 ,35(2A)
Statute: INCOME TAX
Date of Issue: 24/2/1977
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 prescribed authority, Secretary, Department of Science & Technology, New Delhi :
Scientific Research Programme : To develop a process for the production of L-menthol from Delta-3 carene and to convert the by-products into useful products of economic value
Name of the sponsorer : M/s. Bhavana Chemicals Ltd., 53/57, Laxmi Insurance Building, Sir P. M. Road, Bombay-400 001.
Sponsored at The National Chemical Laboratory, Poona.
Date of commencement 18-2-1976.
Expected date of completion 17-2-1978.
Estimated expenditure Rs. 3,65,000.
2. The National Chemical Laboratory, Poona, is a unit of Council of Scientific & Industrial Research, New Delhi, which stands approved under section 10(2)(xiii) of the Income-tax Act, 1922, vide notification No. 34 dated 23rd November, 1946.
[No. 1670/F. No. 203/23/77-IT(AII)