Notification: S.O.1704
Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 9/3/1981
In continuation of this Department’s Notification No. 2620 (F. No. 203/162/78-ITA II) dated 22nd December, 1978, it is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, 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(ii) of the Income-tax Rules, 1962, under the category of “scientific research association” in the field of Medical Research subject to the following conditions :—
(i) that the Institute will maintain a separate account of the sums received by it for medical research.
(ii) That the Institute will furnish annual return of its scientific research activities to the Council for each year by 31st May, each year, at the latest in such form as may be laid down and intimated to them for this purpose.
(iii) That the Institute will furnish a copy of the annual statement of accounts to the Council for each year by 31st May, each year, and in addition send a copy of it to the concerned Income-tax Commissioner.
Institution
Baroda Cancer Detection Centre, Baroda.
The notification is effective for a period of two years from 5th June, 1980, to 4th June, 1982.
[No. 3905 (F. No. 203/28/81-ITA-II)]
