Approved Institution Centre of Plant Engineering Services, Hyderabad u/s 35(1)(ii) - S.O.2735 - Income Tax

Approved Institution Centre of Plant Engineering Services, Hyderabad u/s 35(1)(ii) NOTIFICATION NO. S.O.2735 DATED 20-8-1981 It is hereby notified for the 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, read with rule 6( iv ) of the Income-tax Rules, 1962, under the category of " Institution " in the area of other natural and applied sciences subject to the following conditions :--- 1. That the Centre of Plant Engineering Services, Hyderabad, will maintain a separate account of the sums received by it for scientific research in the field of natural or applied sciences (other than agriculture/animal husbandry/fisheries and medicines) ; 2. That the said Centre of Plant Engineering Services will furnish the annual return of its scientific 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 ; 3. That the said Centre of Plant Engineering Services, will submit the annual return and statement of accounts to the Commissioner of Income-tax, every year. Institution Centre of Plant Engineering Services, Hyderabad. This notification is effective for a period of two years from 26-5-81 to 25-5-83. [No. 4181/203/70/79-ITA.II]