Notification:
2239
Section(s) Referred:
s. 35(1)(ii)
Statute:
INCOME TAX
Date of Issue:
28/9/2000
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 (ii) 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 account for
its research
activities ;
(ii) The notified institution shall furnish the annual return of its scientific
research
activities to the Secretary, Department of Scientific and Industrial Research, 'Technology
Bhawan', New Mehrauli Road, New Delhi-110 016 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-700 071 ; (b) the
Secretary, Department of Scientific and 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 and expenditure account in
respect of its research activities for which exemption was granted under sub-section (1)
of section 35 of the Income-tax Act, 1961, in addition to the return of income-tax to the
designated Assessing Officer.
-------- Sl. Name of the organisation approved Period for which No. notification
is
effective -------- 1. Tata Memorial Centre, Dr. Ernest Borges Road, 1-4-2000 to 31-3-2003 Parel, Mumbai-400
012.
2. B. V. Patel Pharmaceutical Education and 1-4-2000 to 31-3-2003 Research
Development Centre (PERD), Thairej, Ghandina gar Highway, Ahmedabad-380 054.
3. Valabhdas Dagara Indian Society for Mentally 1-4-2000 to 31-3-2003 Retarded,
Khushaldas Dagara House, Near Ruia Hall, Malad (W), Mumbai-400 064.
4. Indian Copper Development Centre, 27-B, Camac 1-4-2000 to 31-3-2003
Street,
Calcutta-700 016. --------
[Notification No. 11526/F. No. 203/100/2000-ITA-II]