Approval of an institution under section 35 of the Income-tax Act, 1961
Notification No. 2935 was published on 30 May 1979. 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.
In continuation of Notification No. 1262 (F. No. 203/184/75-ITA. II), dated 26th March, 1976, it is hereby notified for general information that the instituion mentioned below has been approved for a further period of two years by the Secretary, Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, subject to the following conditions :--
(i) that the Savita Research Centre, Bombay, will maintain a separate account of the sums received by it for scientific research in the field of natural or applied sciences (other than agriculture/animal husbandry/fisheries & medicines) ;
(ii) that the said Centre will furnish annual returns of its scientific research activities to the prescribed authority for every financial year in such forms as may be laid down and intimated to them for this purpose, by 30th April, each year.
Institution
Savita Research Centre, Bombay.
This notification will be valid for a period of two years from 17-12-78 to 15-12-1980.
[No. 2833/F. No. 203/21/79-ITA. II
Source: the Income Tax Department’s own published text — its page for this instrument.