Sponsored
    Follow Us:
Sponsored

Notification: S.O.2728
Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 20/8/1981

In continuation of this department’s Notification No. 2503 (F.No. 203/47/78–ITA.II) dated the 13th September, 1978, it is hereby notified for general information that the institution mentioned below has been approved by the Secretary, Department of Science and Technology, New Delhi, the prescribed authority for the purposes of clause (ii) sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6(iv) of the Income-tax Rules, 1962, under the category ” Association ” in the area of other natural and applied sciences, subject to the following conditions :–

1. That M/s. Ganesh Scientific Research Foundation, New Delhi, will maintain a separate account of the sums received by it for scientific research in the field of natural and applied sciences (other than agriculture/animal husbandry/fisheries and medicines).

2. That the said Foundation will furnish the annual return of its scientific research activities to the prescribed authority for every financial year in such form as may be laid down and intimated to them for this purpose, by 30th April, each year.

3.That the said Foundation will submit the annual return and statement of acounts to the Commissioner of Income-tax, every year.
Institution

M/s. Ganesh Scientific Research Foundation, New Delhi.
This notification is effective for a period of three years form 1-4-1981 to 31-3-1984.

[No. 4174/F. No. 203/122/81–ITA. II]

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
December 2024
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031