U/s 35(1) (ii) of IT Act 1961 Central Government approved for organization M/s LPG Equipment Research Centre ('LERC')

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..... formation that the organization M/s LPG Equipment Research Centre ('LERC') (PAN:- AAAAL0454G) 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 2017-2018 onwards in the category of 'Scientific Resear .....

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..... e, 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 'LERC' and a copy of such statement duly certified by the auditor shall accompany the report of audit referred to above. 2. The Central Governmen .....

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