Organisation K.K.BirlaAcademy, New Delhi approved for the purpose of section 35(1)(ii) of the Income-tax Act, 1961, for the period from 1.4.2004 to 31.3.2007 - 67/2006 - Income Tax

Organisation K.K. Birla Academy , New Delhi approved for the purpose of section 35(1)(ii) of the Income-tax Act, 1961, for the period from 1.4.2004 to 31.3.2007 Notification No. 67 /2006 (File No.203/79/2004-ITA-II) Date.14/03/2006 It is hereby notified for general information that the organization K.K. Birla Academy, Surya Kiran Building (5th floor), 19, Kasturba Gandhi Marg, New Delhi-ll000l has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income Tax Act, 1961, read with Rule 6 of the Income tax Rules, 1962 for the period from 1.4.2004 to 31.3.2007 under the category 'other Institution' subject to the following conditions:- i) The approved institution shall maintain separate accounts for the amounts used for scientific research, ii) For each of the financial years for which this approval is being given, the approved institution shall submit a copy of its audited Income Expenditure account in respect of the research activities for which it has been approved under sub-section (1) of Section 35 of I.T. Act, 1961 to the Commissioner of Income Tax/Director of Income Tax (Exemptions) having jurisdiction, on or before the due date of filing of return of income or within 90 days from the date of this notification, whichever expires later. iii) The approved institution shall also enclose with the Income Expenditure account referred to in paragraph (ii) above, a certificate from the auditor:- a) specifying the amount received by the institution to be used for scientific research in respect of which the donors are eligible to claim deduction under clause (ii) of sub-section (1) of Section 35. b) certifying that the expenditure incurred was for scientific research. Sd/- (Deepak Garg) Under Secretary to the Govt. of India