Notification No. S.O.3089 – Income Tax Date 3/3/1981

Notification: S.O.3089

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

Statute: INCOME TAX

Date of Issue: 3/3/1981

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 Nalanda Dance Research Centre, Bombay, under this exemption shall be utilised exclusively for promotion of research in social sciences.
2. That the Centre shall maintain separate accounts of funds collected by them under the exemption.
3. That the Centre shall send to the Council an annual report and audited statement of accounts regularly showing the funds collected under the exemption and the manner in which the funds are utilised.

Institution

Nalanda Dance Research Centre, Bombay.

This notification is effective for a period of three years from 1-4-1981 to 31-3-84.

[No. 4200/F. No. 203/288/80–ITA. II