Notification: S.O.2727
Section(s) Referred: 35 ,35(2A)
Statute: INCOME TAX
Date of Issue: 20/8/1981
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, read with rule 6 of the Income-tax Rules, 1962, by the Secretary, Department of Science and Technology, New Delhi :
Name of the scientific research Development of know-how, for project : the manufacture of Synthetic Fat Liquors.
Name of the sponsorer : M/s. Balmer Lawrie & Co. Limited, 21, Netaji Subhash Road, P.O. Box No. 4, Calcutta-700001.
Sponsored at : Central Leather Research Institute, Madras.
Date of commencement : 12-1-1981.
Date of completion : 11-7-1982.
Estimated outlay : Rs. 6.25 lakhs.
Centre Leather Research Institute, Madras, is a unit C.S.I.R. which is approved under section 10(2)(xiii) of the Indian Income-tax Act, 1922, vide Ministry of Finance Department of Revenue Notification No. 34, dated 23-11-1946.
[No. 4173/F. No. 203/119/81-ITA. II]