Section(s) Referred: 35 ,35(2A)
Statute: INCOME TAX
Date of Issue: 24/7/1980
It is hereby notified for general information that the following scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, read with rule 6(iv) of the Income-tax Rules, 1962, by the Secretary, Department of Science & Technology, New Delhi.
Name of the scientific research programme : Industrial Robots and Training Aids.
Name of the sponsorer : M/s. Walchandnagar Industries Ltd., Bombay
Implementing Laboratory : Hyderabad Science Society, Hyderabad.
Date of commencement : 1-9-1979.
Expected date of completion : Sept., 1981.
Estimated outlay : Rs. 4.64 lakhs.
2. Hyderabad Science Society, Hyderabad, stands approved under section 35(1)(ii) of the Income-tax Act, 1961, vide Ministry of Finance, Dept. of Revenue, Notification No. 2933 (F. No. 203/38/79-ITA. II) dated 16-7-1979.
[No. 3600/F. No. 203/195/80-ITA-II