Section(s) Referred: 35 ,35(1) ,35(1)(iii)
Statute: INCOME TAX
Date of Issue: 26/11/1977Online GST Certification Course by TaxGuru & MSME- Click here to Join
It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Social Science Research the prescribed authority for the purposes of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, subject to the following conditions :—
(i) That the centre for Agrarian Research Training and Education, Ghaziabad, shall maintain separate accounts of the funds collected by them under the exemption.
(ii) That such funds shall be utilised exclusively for promotion of research in Social Sciences ; and
(iii) That the Centre shall send an annual report to the Indian Council of Social Science Research, New Delhi, showing the funds collected under the exemption and the manner in which the funds were utilised.
Centre for Agrarian Research Training & Education, Ghaziabad.
This notification takes effect for three years from 1-12-77.
[No. 2054/F. No. 203/103/77-ITA II