TMI BlogFor the purpose of Section 35(1)(ii) - organization Maharashtra Medical Research Society, Pune has been approvedX X X X Extracts X X X X X X X X Extracts X X X X ..... ral information that the organization Maharashtra Medical Research Society, Pune has been approved by the Central Government for the purpose of clause ( ii ) of subsection (1) of section 35 of the Income-tax Act, 1961 (said Act), read with rules 5C and 5D of the Income-tax Rules, 1962 (said Rules) with effect from 1.4.2003 in the category of 'scientific research association' subject to the f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... donations received and amounts applied for scientific research and a copy of such statement duly certified by the auditor shall accompany the report of audit referred to above. 2. The Central Government shall withdraw the approval if the approved organization:- ( a ) fails to maintain books of accounts referred to in sub- paragraph ( iii ) of paragraph 1; or ( b ) fails to furnish its ..... X X X X Extracts X X X X X X X X Extracts X X X X
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