TMI BlogApproved M/s BAIF Development Research Foundation section 35(1) of the Income-tax Act, 1961X X X X Extracts X X X X X X X X Extracts X X X X ..... n mentioned below has been approved by the Central Government for the period mentioned against the name, 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 under the category "Association" subject to the following conditions: (i) The notified Association shall maintain separate books of accounts for its res ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ture Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of Income-tax Act, 1961 in addition to the return of Income-tax to the designated Assessing Officer. S. No. Name of the organisation approved Period for which notification is effective 1. M/s BAIF Development Research Foundation, Urulik ..... X X X X Extracts X X X X X X X X Extracts X X X X
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