Notification: S.O.2195
Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 19/5/1979
In continuation of this Department’s Notification No. 1649(F. No. 203/16/77-ITA. II), dated 27-2-1977, it is hereby notified for general information that the instituion mentioned below has been approved by the Indian Council of Medical Research, 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 institution will maintain a separate account of the sums received by it for scientific research in the field of medical research.
(ii) That the institution will furnish annual returns of its scientific research activities to the Council for each such form as may be laid down and intimated to them for this purpose.
Institution
The Tata Memorial Centre, Bombay.
This notification is effective for a period of two years from 7-2-1979 to 6-2-1981.
[No. 2823/F. No. 203/67/79-ITA. II
