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

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e Central Government 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The approved organization shall maintain a separate statement 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 accoun .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X