TMI BlogApproved Institution Saurashtra Cancer Research Foundation, Roy Road, Rajkot, Gujarat u/s 35(1)(ii)X X X X Extracts X X X X X X X X Extracts X X X X ..... tion that the Institution mentioned below has been approved by the Department of Scientific and Industrial Research, New Delhi, the prescribed authority for the purposes of clause ( ii ) of sub-section (1) of section 35 (Thirty-five/one/two) of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category "Association" subject to the following conditions :-- ( i ) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Association will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected. ( v ) That the said Association will invest the surplus funds in accordance with the provisions of section 11(5) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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