Section(s) Referred: 35 ,35(2A)
Statute: INCOME TAX
Date of Issue: 5/4/1977
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, by the prescribed authority, Secretary, Department of Science & Technology, New Delhi.
Scientific Research Programme.–Electronic yarn clearing device for textile winding machine to detect and eliminate faults in the yarn.
Sponsored by.–M/s. Kinavivala RJK Industries near Nicola Octroi Naka behind Anil Starch, Ahmedabad.
Date of commencement.–October, 1976.
Anticipated date of completion.–March, 1979.
Estimated expenditure–Rs. 35,000.
Ahmedabad Textile Industry’s Research Association where the above programme has been sponsored stands approved u/s. 10(2)(xiii) of the Indian Income-tax Act, 1922, by Notification No. 211, dated 10th April, 1948.
[No. 1712/(F. No. 203/39/77-ITA. II)