Exemption u/s 35(1)(ii) - Institution The Indian Institution of Plant Engineers, Madras - S.O.3399 - Income Tax

Withdrawn w.e.f. 1-1-1980 vide NOTIFICATION NO. S.O.1831 DATED 24-4-1980 Exemption u/s 35(1)(ii) - Institution The Indian Institution of Plant Engineers, Madras NOTIFICATION NO. S.O.3399 DATED 6-8-1976 It is hereby notified for general information that the institution mentioned below has been approved by the Secretary, Department of Science and Technology, New Delhi, the prescribed authority for the purposes of clause ( ii ) of sub-section (1) of section 35 of the Income-tax Act, 1961, subject to the fulfilment of the following conditions :-- ( i ) That the Indian Institution of Plant Engineers, Madras, will maintain a separate account of the sums received by it for scientific research. ( ii ) That the said institution will furnish the annual return of its science research activities to the prescribed authority for every financial year in such forms as may be laid down and intimated to them for this purpose, by 30th April, each year. Institution The Indian Institution of Plant Engineers, Madras. This notification takes effect form 1st April, 1976