Notified Institution under section 35(1)(ii) of the Income-tax Act, 1961 - Sitaram Bhartia Institute of Science and Research, Kolkata

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..... -10-2007 It is hereby notified for general information that the organization Sitaram Bhartia Institute of Science and Research, Kolkata, 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 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), with effect from 1-4-2006 in the cat .....

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..... e said Act; (iv) The approved organization shall maintain a separate statement of 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 account referred to .....

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