For the purpose of Section 35(1)(ii) - organization The South India Textile Research Association, Coimbatore has been approved

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..... It is hereby notified for general information that the organization The South India Textile Research Association, Coimbatore 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 5D of the Income-tax Rules, 1962 (said Rules) with effect from 1-4-2002 in the category of 'scie .....

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..... n 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 in sub-paragraph ( iii ) of paragraph 1 .....

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