Notification u/s 35(1) (iii) - Approved organization - Birbal Sahni Institute of Palaeobotany, Lucknow

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..... for the purpose of clause (iii) 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), from assessment year 2014-2015 onwards in the category of 'Scientific Research Association' activities subject to the following conditions, namely:-- (i) The sole objective of the approved 'Scientific research a .....

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..... ement of donations received and amounts applied for scientific research in social science 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 accounts referred to in sub-paragraph (iii) of paragraph 1; or (b) .....

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