Assam Science Society Approved for Scientific Research under Section 35(1)(ii) of Income-tax Act, 1961
The Central Government has approved the Assam Science Society, Gauhati, as an institution under section 35(1)(ii) of the Income-tax Act, 1961, effective from December 7, 1980, to December 6, 1983. The approval is for scientific research in natural and applied sciences, excluding agriculture, animal husbandry, fisheries, and medicines. The society must maintain separate accounts for research funds, submit annual research activity returns by April 30 each year, and provide annual returns and account statements to the Commissioner of Income-tax, Gauhati. The approval is issued by the Secretary, Department of Science & Technology, New Delhi.
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