Notification: S.O.2944
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, subject to the following conditions :–
(i) That the funds collected by the Statistical Publishing Society under this exemption shall be utilised exclusively for promotion of research in social sciences.
(ii) That the Society shall maintain separate account of funds so collected by them under this exemption ; and
(iii) That the Society shall send to the Council an annual report and audited statement of accounts regularly showing the funds collected under this exemption and the manner in which these funds are utilized.
Instituion
Satistical Publishing Society, Calcutta.
This notification is effective for a period of three years w.e.f. the date of the issue of this notification.
[No. 4215/F. No. 203/178/78-ITA.II]