Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 25/8/1980
It is hereby notified for general information that the institution mentioned below has been approved by the Secy., Department of Science and Tech., New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6(vi) of the Income-tax Rules, 1962, under the category of ” Institution ” in the area of other natural or applied sciences, subject to the following conditions :–
(i) That the Centre for Regional Ecological and Science Studies in Development Alternatives, Calcutta, will maintain a separate account of the sums received by it for scientific research in the field of natural and applied sciences other than agriculture/animal husbandry/fisheries and medicines.
(ii) That the said Centre will furnish the annual return of its scientific research activities to the prescribed authority for every financial year in such forms as may be laid down and intimated to them for the purpose by 30th April each year.
(iii) That the said Centre will submit annual return and statement of accounts to the Commissioner of Income-tax, Calcutta, for every year.
Centre for Regional Ecological and Science Studies in Development Alternatives, Calcutta.
This notification is effective for a period of 3 years from 15th July, 1980, to 14th July, 1983.
[No. 3637/F. No. 203/183/80-ITA-II