Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 17/4/1979
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 :
1. That the institution will maintain a separate account of the sums received by it for scientific research in the field of medical research.
2. That the institution will furnish annual returns of its scientific research activities to the Council for each financial year by 31st May each year at the latest in such form as may be laid down and intimated to them for this purpose.
Neuro-otological & Equilibriometric Society of India, All India Institute of Medical Sciences, New Delhi.
This notification is effective for a period of 2 years from 18-9-1979 to 17-9-1980.
[No. 2772/F. No. 203/142/78-ITA. II