It is hereby notified for general information that the approval granted on perpetual basis under section 35(1)(ii) of the Income-tax Act, 1961, to the Calcutta Medical Research Institute, Calcutta, vide Ministry of Finance (Department of Revenue and Insurance), Notification No. 55 (F. No. 10/57/61-ITA. II) dated 11-8-1961, is hereby converted into a time-bound approval valid up to 30-6-1986.
For the purpose of this notification, “Cochin Export Processing Zone” means the Cochin Export Processing Zone at Cochin comprising of the places bearing the survey numbers, location, area and enclosed by the boundaries specified below.
In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “Sri Somanath Trust” for the purpose of the said clause for the assessment years 1985-86 to 1987-88.
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “Society for Promotion of Waste-lands Development” for the purpose of the said clause for the assessment years 1987-88 to 1989-90.
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “Lal Bahadur Shastri National Memorial Trust” for the purpose of the said clause for the assessment years 1985-86 to 1987-88.
In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “The Indian Gypsy Works Fellowship Trust” for the purpose of the said clause for the assessment years 1985-86 and 1986-87.
That the said Association will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.
That the said Institute will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.
In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “Sri Suryanarayana Devasthana, Maroli, Mangalore” to be a place of public worship of renown throughout the State of Karnataka.
That the said University will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.