Scitech Centre, Mumbai has been approved for the purpose of Sec. 35(1)(ii)

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..... ernment 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 1-4-2001 in the category of 'other Institution', partly engaged in research activities subject to the following conditions, namely :— (i) The sums paid to the approved organization shall be utilized fo .....

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..... eparate 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 separate books of account referred to in sub-paragraph (iii) of paragraph 1; or (b) fails t .....

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