Notification: S.O.3058
Section(s) Referred: 35 ,35(1) ,35(1)(iii)
Statute: INCOME TAX
Date of Issue: 18/9/1981
It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Scoical 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 :–
1. That the funds collected by the Mother’s Service Society, Pondicherry, under this exemption shall be utilised exclusively for pormotion of research in social sciences.
2. That the Society shall maintain separate accounts of the funds collected by them under this exemption.
3. 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 utilised.
Institution
The Mother’s Service Society, Pondicherry.
This notification is valid for a period of three years with effect form 1-4-1981 to 31-3-1984.
[No. 4223/F. No. 203/29/81-ITA.II]