U/s 35(1) (ii) of IT Act 1961 Central Government approved M/s Center of Innovative & Applied Bio-processing('CIAB')

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..... information that the organization M/s Center of Innovative & Applied Bio-processing('CIAB') (PAN:- AABAB8297N) 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 5D of the Income tax Rules, 1962 (said Rules), from Assessment year 2016-2017 onwards in the category of ' .....

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..... diction over the case, by the due date of furnishing the return of income under sub-section (1) of section 139 of the said Act; (iv) The approved organization shall maintain a separate statement of donations received and amounts applied for scientific research for 'CIAB' and a copy of such statement duly certified by the auditor shall accompany the report of audit referred to above. 2. .....

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