Notification: S.O.2936

Section(s) Referred: 35 ,35(1) ,35(1)(ii)

Statute: INCOME TAX

Date of Issue: 30/5/1979

It is hereby notified for general information that the instituion mentioned below has been approved by the Indian Council of Medical Research, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6(ii) of the Income-tax Rules, 1962, under the category of “Scientific Research Association” in the field of medical research, subject to the following conditions :-

(i) that the institution will maintain a separate account of the sums received by it for scientific research in the field of medical research.

(ii) that the institution will furnish annual returns of its scientific research activities to the Council for each financial year by 31st May, each year, at the latest in such form as may be laid down and intimated to them for this purpose.

Institution

Society for Medical Research.

This notification is effective for a period of two years from 10-5-1979 to 9-5-1981.

[No. 2882/F. No. 203/79/79-ITA. II

More Under Income Tax

Leave a Comment

Your email address will not be published.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

Search Posts by Date

June 2021
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930