For the purpose of Section 35(1)(ii) - organization Maharashtra Medical Research Society, Pune has been approved
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.... hereby notified for general information that the organization Maharashtra Medical Research Society, Pune has been approved by the Central Government for the purpose of clause (ii) of subsection (1) of section 35 of the Income-tax Act, 1961 (said Act), read with rules 5C and 5D of the Income-tax Rules, 1962 (said Rules) with effect from 1.4.2003 in the category of 'scientific research association'....
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....maintain a separate statement of donations received and amounts applied for scientific research and a copy of such statement duly certified by the auditor shall accompany the report of audit referred to above. 2. The Central Government shall withdraw the approval if the approved organization:- (a) fails to maintain books of accounts referred to in sub- paragraph (iii) of paragrap....
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