Notification: S.O.2826
Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 22/6/1976
It is hereby notified for general information that the institution mentioned below has been approved by the Secretary, Department of Science & Technology, New Delhi, the prescribed autority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, subject to the following conditions :–
(i) The Loyola Academy shall maintain a separate account of the sums received by them for undertaking scientific research in the areas of natural and applied sciences, other than agriculture/animal husbandry/fisheries and medicines ;
(ii) The Loyola Academy, Hyderabad, will furnish the annual returns of their scientific research activities to the prescribed authority for every financial year in such forms as may be laid down and intimated to them for this purpose.
Institution
Loyola Academy, Hyderabad.
The notification will be effective from 1-4-1976 to 31-3-1979
