Notification: S.O.4303
Section(s) Referred: 35CCB
Statute: INCOME TAX
Date of Issue: 2/11/1983
It is hereby notified for general information that the institution/association mentioned below and its programme given hereunder has been approved by the Secretary, Department of Environment, Government of India, New Delhi, being the prescribed authority under rule 6AAC of the Income-tax Rules, 1962, for the purpose of section 35CCB of the Income-tax Act, 1961 :
Name of the Institution
Society for promotion of Wasteland Development, New Delhi.
Programme.
(1) Eco Development of Saline Lands — Saurashtra Region of Gujarat.
(2) Eco Development Project of Shallow Red Soil Region (South India).
(3) Chotanagpur and Santhal Parganas — Eco Development.
(4) Usar Lands Eco Development Project (U.P.).
(5) Vindhyan Hilly Resource Region — Eco Development.
(6) Eco Development Project at Aravallis.
(7) Siwalik Eco System.
Both the approvals accorded by the prescribed authority, namely (i) to the institution under sub-section (2), and (ii) to the programme under sub-section (1) of section 35CCB are valid for a period of three years commencing from 1-1-1983 subject to the following conditions :—
(i) The Society for promotion of Wastelands Development shall maintain a separate account of donations received by it for conservation activities.
(ii) The Society shall furnish progress reports of the conservation programmes to the prescribed authority for every financial year by the 30th June, each year.
(iii) The Society shall submit to the prescribed authority by the 30th June, each year, a copy of each of their audited annual accounts showing their total income and expenditure and balance-sheet showing its assets and liabilities with a copy of each of these documents sent to the concerned Commissioner of Income-tax.
(iv) The approval is subject to the continued satisfaction of the prescribed authority and may be withdrawn with retrospective effect, if considered necessary.
[No. 5440 (F. No. 203/244/82-ITA. II)]
