Notification: S.O.1703
Section(s) Referred: 35 ,35(2A)
Statute: INCOME TAX
Date of Issue: 7/3/1981
It is hereby notified for general information that the following scientific research programme has been approved by the prescribed authority, the Indian Council of Medical Research, New Delhi, for the purpose of sub-section (2A) of section 35 of the Income-tax Act, 1961.
1. Name of the scientific re- (1) Early diagnosis of Brain Tum- search programme : ours using Computerised Axial Tumography Scanning as a screening procedure, and (2) Evaluation of the treatment of Malignant Gliomas of the Brain with Specific Im- munologic Methods.
2. Sponsored at : Medical Research Centre of Bombay Hospital Trust, Bombay.
3. Sponsored by : Medical Research Centre of Bombay Hospital Trust, Bombay.
4. Duration of Project : 5 (five) years.
(i) Proposed date of com- 13th February, 1981. mencement :
(ii) Anticipated date of 12th February, 1986. completion :
Rs. 5. Total Estimated Expen- (1) Building (for 38,50,000.00 diture establishment and premises) (2) Equipment 1,17,50,000.00 (3) Staff 9,06,000.00 (4) Expendable items and services. 39,62,500.00 —— Total 2,04,68,500.00 ——
(Rupees Two crores, four lakhs, sixty-eight thousands and five hundred only).
The approval for the above project will be subject to the following conditions :
(1) That the Trust will maintain a separate account of the amounts received and expenditure incurred for this research project as distinct from the other expenditure of the Medical Research Centre of Bombay Hospital Trust, Bombay.
(2) That the Trust will furnish annual returns of the scientific research project to the Council by 31st May, each year, at the latest in such form as may be laid down and intimated to them for this purpose.
(3) That the Trust 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.
2. The Medical Research Centre of Bombay Hospital Trust, Bombay, stands approved under section 35(1)(ii) of the Income-tax Act, vide Ministry of Finance (Department of Revenue) Notification No. 22 (F. No. 11/3/1969-ITA II) dated the 21st March, 1969.
[No. 3904/(F. No. 203/24/81-ITA-II)]
