Notification: S.O.1641
Section(s) Referred: 35, 35(2A)
Statute: INCOME TAX
Date of Issue: 9/3/1982
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, read with rule 6 of the Income-tax Rules, 1962, by the Indian Council of Medical Research, New Delhi.
1. Name of the scientific research ” Longitudinal Studies on the occurrence of programme. diseases in India with special reference to IHD Cerebrovascular disease and Cancer and the influence of modifications of risk factors on morbidity and mortality “.
2. Sponsored at The Poona Medical Foundation, Ruby Hall Clinic, Poona.
3. Sponsored by 1. M/s. Sanghvi Metal Co., Shivajinagar, Poona—5.
2. M/s. Bajaj Auto Ltd., Akurdi, Poona—19.
3. M/s. Bajau Tempo Ltd., Poona—19.
4. M/s. Bharat Forge Ltd., Mundhwa, Poona—1.
5. M/s. Backau Wold Ltd., Pimpri, Poona—18.
6. M/s. Chemet, Taj Building, 210, Dr. D. N. Road, Bombay–1.
7. M/s. Wadalia Brothers, Rajinder Road, Manavadar—(Gujarat) & Few others.
4. Duration of project Five and half years (5 1/2 years).
(i) Proposed date of 21st November, 1981. commencement.
(ii) Anticipated date of completion. 20th May, 1987.
5. Total estimated Rs. 1,90,57,920.00 (Rupees One Crore expenditure. ninety lakhs fifty-seven thousand and nine hundred & twenty only).
The approval for the above project will be subject to the following conditions :
1. That the Foundation will maintain a separate account of the amounts received and expenditure incurred for this research project as distinct from the other expenditure of the Poona Medical Foundation, Poona.
2. That the Foundation will furnish annual returns of this scientific research project to the Council by 31st May, each year, at the latest in such forms as may be laid down and intimated to them for this purpose.
3. That the Foundation will furnish a copy of the annual audited statement of account to the Council by 31st May, each year, and in addition send a copy of it to the concerned Income-tax Commissioner.
The Poona Medical Foundation, Poona, has been approved under section 35(1)(ii) of the Income-tax Act, vide Ministry of Finance,
Department of Revenue, notification No. 511 (F. No. 203/57/73–ITA. II), dated the 4th December, 1973.
[No. 4507 (F. No. 203/198/81—ITA. II)]
