It is hereby notified for general information that the institutions mentioned below have been approved by the Council of Scientific and Industrial Research, the “prescribed authority”, for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961).
Numerous instances have come to the notice of the Board where assessee’s claim for depreciation duly shown in the return was not considered by the Income-tax Officer because books of account produced were not properly maintained and it was necessary to estimate profits by invoking the proviso to section 13 of the 1922 Act.
In exercise of the powers conferred by sub-section (6) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Lakhmi Narasimha Swamy Devasthanam, Ahobilam Village, Allagadda Taluk, District Kurnool, Andhra Pradesh, to be of historic, archaeological and artistic importance for the purpose of the said section
On receipt of an application under sub-regulation (1) the Assistant Commissioner of Customs or Deputy Commissioner of Customs may permit the clearance of the warehoused goods specified in that application for being taken on board the foreign-going aircraft as stores in accordance with the provisions of section 69 of the Act as applied to stores by section 88 of the said Act.
Notwithstanding anything contained in these Regulations, the proper officer may permit the person-incharge of the conveyances or the consignor of goods to enter into a general bond in such form and with such surety or security as the proper officer may deem fit, in respect of transport of goods as above said to be effected from time to time.
Notification: S.O.2599 Cancer Institute (W. I. A.), Madras has been approved by the Indian Council of Medical Research, the prescribed authority, for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961).
In exercise of the powers conferred by sub-section (6) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the following temple as a place of public
In exercise of the powers conferred by sub-section (6) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Kasiviswanat
Notification: S.O.2353 Central Government hereby notifies the following temple as a place of public worship of renown throughout the State of Mysore for the purposes of the said section – Shri Dattatreya Temple, Ghangapur, District Gulbarga, Mysore
In the notification of the Central Board of Direct Taxes No. S. O. 3660 dated the 13th October, 1964, published at pages 979 to 988 in Part II—Section 3—sub-section (ii) of the Gazette of India, Extraordinary, dated the 13th October, 1964.
