Notification: S.O.2805
Section(s) Referred: 35CCB
Statute: INCOME TAX
Date of Issue: 7/5/1985
It is hereby notified for general information that the institution/association mentioned below and its programmes given hereunder have been approved by the Secretary, Department of Environment, Government of India, New Delhi, being the prescribed authority under rule 6AAC of Income-tax Rules, 1962, for the purposes of section 35CCB of the Income-tax Act, 1961 :–
Name of the Institution/association
” Environmental Society, Besant Gardens, Besant Avenue, Madras-20. ”
Programmes
(1) Development of a Botanical Garden at Adyar.
(2) Scheme for the development of parks.
(3) Development of Green Belts along the road from Madras to Mahabalipuram.
(4) Beachology Study of the beach from Madras to Mahabalipuram.
Both the approvals accorded by the prescribed authority, namely (i) to the institution under sub-section (2), and (ii) to the programmes under sub-section (1) of section 35CCB are valid for a period of three years commencing from December 1, 1984, subject to the following conditions :–
(i) The Environmental Society, Madras, shall maintain a separate account of donations received by it for conservation activities.
(ii) The Society shall furnish progress reports of the conservation programmes to the prescribed authority for every financial year by 30th June, each year.
(iii) The Society shall submit to the prescribed authority by 30th June, each year, a copy of their audited annual accounts showing their total income and expenditure and balance-sheet showing its assets and liabilities and a copy of each of these documents sent to the concerned Commissioner of Income-tax
(iv) The approval is subject to the continued satisfaction of the prescribed authority and may be withdrawn with retrospective effect, if considered necessary.
[No. 6213 (F. No. 203/8/85-ITA.II)
