Notification No. 99/2019 [F.No. 203/04/2019/ITA-II]

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(T O BE PUB LI SH ED IN PA RT II , SUB-SECTI ON

(ii) OF SECT ION 3 EXTRA ORDINARY OF THE GAZETrE OF IN DIA) Government of India Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) Notification N ew Delhi, the ~ 1 N ovember, 2019 S,O, It is hereby notified for general infomlation that the organization Mis International Centre for Research in Agroforestry, South Asia Regional Programme, NASC Complex, Delhi (ICRAF) (PAN:- AAATI4803K) ha s been approved by the Central Government for the purpose of clause

(ii) of sub-section (I) of scction 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 2019- 2020 onwards in the category of 'Scientific Research Association' , subject to the following conditions, namely:-

(i) The sale objective of the approved Organization shall be to undeJiake scientific research;

(ii) The approved organization shall carry out scientific research by itself;

(iii) The approved organization shall maintain separate books of accounts in respect of the sums received by it for scientific research, reflect therein the amounts used for can-ying out research, get such books audited by an accountant as defined in the explanation to sub-section

(2) of section 288 of th e said Act and fumish the repOli of such audit dul y signed and verified by such accountant to th e Commiss ioner of Incom e-tax or th e Director of Income-tax hav ing jurisdiction over the case, by the d ue date of furn i sh ing the return of income under su b-section

(1) of section 139 of the said Act;

(iv) The approved organ ization shall maintain a separa te stateme nt of do nat i ons received and amounts applied for s ci entific research and a copy of such statement duly celiified by the auditor shall accompany the report of audit refen'ed to above, (The approved organization shall receive grants/donations u/s,35( 1)(ii) of the said Act after taking prior permission from the Indian Council of Agricultural Research (ICAR)/ Department of Agricultural Research an d Education (DARE), Min istry of Agriculture & Fanners' Welfare and the grants/don ations so recei ve d shall be exclusively uti lized for the purpose of conducting research in Indi a only.

2. The Central Government shall w ithdraw the approv al if th e approved organization: -

(a) fails to maintain separate books of accounts referred to in sub-paragraph

(iii) of paragraph I; or

(b) fails to furnish its audit report refelTed to in sub-paragraph

(iii) of paragraph 1; or

(c) fails to furnish its statement of the donations received and sums applied for scientific research refelTed to in sub-paragraph

(iv) of paragraph 1; or

(d) ceases to canoy on its research activities or its research activities are not found to be genuine; or

(e) ceases to confonn to and comply with the provisions of clause

(ii) of sub-section

(1) of section 35 of the said Act read with rules 5C and 5D of the said Rules, (Rajarajcswari R) Under Secretary to Government of India Notification No, !l+-J 2019 (F . No , 203/0412019/ITA-ll) To The Manager, Gov!' of India Pr ess, Mayapuri, New De lhi

Copy forwarded to: - I. The applicant organization, M Is International Ce ntre for Research in Agroforcstry, Delhi 2. T he Secretary, DARE, Ministry of Agriculture and Fanners ' Welfare, Delhi 3. The Director Ge neral, Indian council of Agricultural Research , Delhi ~ .' CCIT (Exemption), Delhi 5. C IT (Exemption), Delhi 6. ITCC, CBDT (4 copies) 7. Web Manager , New Delhi, for placing on the webs ite www.incomet axind ia. goY . in 8. Concem ed file 9. Guard file Under Secretary to Government of India