Section(s) Referred: 35 ,35(2A)
Statute: INCOME TAX
Date of Issue: 12/1/1984
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 of the Income-tax Rules, 1962, by the Secretary, Department of Science & Technology, New Delhi :—
Title of the research project : Design & Development of formed steel structural systems.
Name of the Sponsor : M/s. Tube Investments of India Ltd., Madras.
Implementing Lab : Indian Institute of Technology, Madras.
Date of commencement of the project : June, 1983.
Date of completion of the project : June, 1986.
Estimated outlay : Rs. 2.45 lakhs (Rupees two lakhs and forty-five thousand only).
2. The Indian Institute of Technology, Madras, is approved u/s. 10(2)(xiii) of the I. T. Act, vide Ministry of Finance Notification No. 266, dated 31-1-1961 and is eligible to take project on sponsorship basis.
[No. 5587/F. No. 203/168/83-ITA. II