Notification: S.O.2943
Section(s) Referred: 35 ,35(1) ,35(1)(iii)
Statute: INCOME TAX
Date of Issue: 9/9/1981
It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Social Science Research, the prescribed authority for the purposes of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, on the following conditions :–
1. That the funds collected by the Centre under this exemption will be utilised exclusively for promotion of research in social sciences.
2. That the Centre shall maintain separate accounts of the funds collected by them under the exemption.
3. That the Centre shall send to the Council, the annual report and the audited statement of accounts regularly showing the funds collected under the exemption and the manner in which these funds were utilized.
Institution
Public Enterprises Centre for Continuing Education, New Delhi.
This notification is effective for a period of three years from the date of issue of this notification.
[No. 4214/F. No. 203/1/80-ITA.II]
