TMI BlogFor the purpose of Section 35(1)(ii) - organization Chennai Mathematical Institute, Chennai has been approvedX X X X Extracts X X X X X X X X Extracts X X X X ..... general information that the organization Chennai Mathematical Institute, Chennai 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 1-4-2005 in the category of other Institution, partly engaged in research a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tain 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; or ( b ) f ..... X X X X Extracts X X X X X X X X Extracts X X X X
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