Section(s) Referred: 35 ,35(1) ,35(1)(ii)
Statute: INCOME TAX
Date of Issue: 22/12/1978
It is hereby notified for general information that the institution mentioned below has been approved by the Secretary, the Department of Science and Technology, 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(iv) of the Income-tax Rules, 1962, under the category of “University” in the area of other natural or applied sciences, subject to the following conditions :-–
(i) that the North-Eastern Hill University, Shillong, will maintain a separate account of the sums received by it for scientific research in the field of natural or applied sciences.
(ii) that the said University 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 this purpose, by 30th April, each year.
North-Eastern Hill University, Shillong.
This notification is effective from 21st August, 1978.
[No. 2619 (F. No. 203/112/78-ITA. II)