Approved various Institution u/s 35(1)(iii) - 540 - Income Tax

Approved various Institution u/s 35(1)(iii) NOTIFICATION NO. 540 DATED 1-3-2001 It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause ( iii ) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category "institution" subject to the following conditions : ( i ) The notified institution shall maintain separate books of account for its research activities ; ( ii ) The notified institution shall furnish the annual return of its scientific research activities to the Secretary, Department of Scientific and Industrial Research, "Technology Bhawan", New Mehrauli Road, New Delhi-110 016 for every financial year on or before 31st May of each year ; ( iii ) The notified institution shall submit, on behalf of the Central Government, to ( a ) the Director-General of Income-tax (Exemptions), 10, Middleton Row, 5th Floor, Calcutta-700 071 ; ( b ) the Secretary, Department of Scientific and Industrial Research ; and ( c ) the Commissioner of Income-tax-Director of Income-tax (Exemptions), having jurisdiction over the Organisation, on or before 31st October, each year, a copy of its audited annual accounts and also a copy of the audited income and expenditure account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of the Income-tax Act, 1961, in addition to the return of income-tax to the designated Assessing Officer. Sl. No. Name of the Organisation approved Period for which notification is effective 1 International Board of Yoga, Yoga Bhawan, Prabhat Colony, Santacruz (East), Mumbai 4OO 055. (F. No. 203-1-2001-ITA-II) 1-4-1999 to 31-3-2001 2 Asian Centre for Organisation Research Development, 126, Greater Kailash-I, New Delhi. (F. No. 203-1-2001-ITA-II) 1-4-1999 to 31-3-2000 3 The Institute of Company Secretaries of India, 'ICSI House', 22, Institutional Area, Lodhi Road, New- Delhi-110 003. (F. No. 203-1-2001-ITA-II) 1-4-2000 to 31-3-2003 4 Indian institute of Marwari Enterpreneurship, 1, Mahatma Gandhi Marg, jhalana Institutional Area, Jaipur. (F. No. 203-1-2001-ITA-II) 1-4-1999 to 31-3-2000 5 Indian Institute of Marwari Enterpreneurship, 1, Mahatma Gandhi Marg, Jhalana Institutional Area, Jaipur. (F. No. 203-1-2001-ITA-II) 1-4-2000 to 31-3-2003 6 Jain Vishva Bharati, Ladnum, Rajasthan, Post Box No. 8, Ladnum Distt., Nagpur-341 306. (F. No. 203-1-2001-ITA-II) 1-4-2000 to 31-3-2003 7 Kripa Foundation, C-o. Mt. Carmel Church, 81-A, Chapal Road, Bandra, Mumbai-50. (F. No. 203-11-2001-ITA-II) 22-6-2000 to 31-3-2002 [Notification No. 48-F. No. 203-1-2001 and 203-11-2001-ITA-II]