Approval of an institution under section 35 of the Income-tax Act, 1961
Notification No. 1283 was published on 24 February 1977. Its subject is Approval of an institution under section 35 of the Income-tax Act, 1961.
This is an approval of a named institution. It affects that institution and the people who deal with it; the years it covers are stated in it and are the whole of its reach.
It is hereby notified for general information that the following scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, by the prescribed authority, Secretary, Department of Science & Technology, New Delhi :
Scientific Research Programme : To develop a process for the production of L-menthol from Delta-3 carene and to convert the by-products into useful products of economic value
Name of the sponsorer : M/s. Bhavana Chemicals Ltd., 53/57, Laxmi Insurance Building, Sir P. M. Road, Bombay-400 001.
Sponsored at The National Chemical Laboratory, Poona.
Date of commencement 18-2-1976.
Expected date of completion 17-2-1978.
Estimated expenditure Rs. 3,65,000.
2. The National Chemical Laboratory, Poona, is a unit of Council of Scientific & Industrial Research, New Delhi, which stands approved under section 10(2)(xiii) of the Income-tax Act, 1922, vide notification No. 34 dated 23rd November, 1946.
[No. 1670/F. No. 203/23/77-IT(AII)
Source: the Income Tax Department’s own published text — its page for this instrument.