Notification:
11482
Section(s) Referred:
s. 35(1)(iii) ,r. 6
Statute:
INCOME TAX
Date of Issue:
13/9/2000
It is hereby notified for general information that the organisations mentioned
below have
been approved by the Central Government for the period mentioned against their names,
for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act,
1961, read with Rule 6 of the Income-tax Rules, 1962, under the category 'Institution'
subject to the following conditions :
(i) The notified Institution shall maintain separate books of accounts
for its research
activities;
(ii) The notified Institution shall furnish the Annual Return of its scientific
research
activities to the Secretary, Department of Scientific & Industrial Research, 'Technology
Bhawan', New Mehrauli Road, New Delhi-110016 for every financial year on or before
31st May of each year;
(iii) The notified Institution shall submit, on behalf of the Central Government,
to (a) the
Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071 (b) the Secretary,
Department of Scientific & Industrial Research, and (c) the
Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction
over the organisation, on or before the 31st October each year, a copy of its audited
Annual Accounts and also a copy of audited Income & Expenditure Account in respect of
its research activities for which exemption was granted under sub-section (1) of section
35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated
assessing officer.
------- S. No. Name of the organisation approved Period for which Notification
is
effective ------- 1. Association for the Welfare of Persons 1.4.2000 to 31.3.2003 with a
Mental Handicap in Maharashtra, Turner Morrison House (Basement) 16, Bank Street,
Mumbai-400023
2. Kuppuswami Sastri Research Institute, 1.4.2000 to 31.3.2003 84, Royapettah
High
Road, Malapore, Chennai-600004 -------
[F. No. 203/98/2000-ITA-II]