Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAXOnline GST Certification Course by TaxGuru & MSME- Click here to Join
Date of Issue: 9/10/1986
It is hereby notified for general information that the perpetual approval granted to the following Institution on perpetual basis under section 35(1)(ii) of the Income-tax Act, 1961, vide Ministry of Finance (Department of Revenue) Notification No. 71 (F. No. 203/10/72-ITA. II) dated 15-4-1972, is hereby converted into a time-bound one valid up to 31-3-1988. This approval is sibject to the condition that investment of donation obtained under section 35(1)(ii) will be made only in Government securities and nationalised banks.
“Kasturba Health Society, Wardha.”
[No. 6958 (F. No. 203/197/86-ITA-II)