Hyderabad Science Society, Hyderabad, stands approved under section 35(1)(ii) of the Income-tax Act, 1961, vide Ministry of Finance, Dept. of Revenue, Notification No. 2933 (F. No. 203/38/79-ITA. II) dated 16-7-1979.
That the trust will furnish an annual audited statement of accounts to the Council for each year by 31st May each year and in addition send a copy of it to the concerned Income-tax Commissioner.
It is hereby notified for general information that the following scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, by the Indian Council of Agricultural Research, New Delhi.
This Notification contains Amendment to Income-tax (Fifth Amendment) Rules, 1980 carried out on 24th July, 1980 not reproduced here as it is already contained in the body of the Rules itself
It is hereby notified for general information that the following scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, read with rule 6(iv) of the Income-tax Rules, 1962, by the Secretary, Department of Science & Technology, New Delhi.
It is hereby notified for general information that the approval given under section 35(1)(ii) of the Income-tax Act, 1961, to the Research Institute of Ancient Scientific Studies, New Delhi, by Notification No. S. O. 605 (F. No. 10(20)/65-ITA-I), with effect from 15th February, 1965, is withdrawn with effect from 25th May, 1980, on the recommendation of the prescribed authority, the Secretary, Department of Science & Technology, New Delhi.
Circular No. 277-Income Tax I am directed to invite a reference to this Department’s Circular No. 271[F.No. 275/18/10-IT(B)], dated 26-5-1980 [Clarification 2], wherein it was intimated that the deduction of income-tax at the same rates as were applicable during the financial year 1979-80 may continue to be made during the financial year 1980-81
A major research programme like research in medical education cannot be completed within a short duration of time. Therefore, it is very difficult to say what will be the exact duration of this research programme. It will be of a continuous nature. However, it is expected that the major research programme in medical education will be ready for assessment in less than ten years.
Circular No. 276-Income Tax I am directed to invite a reference to this Department’s Circular No. 270 [F. No. 275/17/80-IT(B)], dated 26-5-1980, wherein you were requested to issue necessary instructions for continuing to make deduction of income-tax at source from “winnings from lottery or crossword puzzle” at the same rates as were given in Part II of the First Schedule to the Finance Act, 1979.
In exercise of the powers conferred by clause (v) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Hajrat Pirmohmed Shah Durgah Sharif Trust, Ahmedabad, for the purpose of the said section for the assessment years 1973-74 to 1980-81.
