Approved various Institutions u/s 35(1)(ii)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nce & 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, read with rule 6(iv) of the Income-tax Rules, 1962, under the category of "Association" in the area of other natural or applied sciences, subject to the following conditions :--- (i) That the association will maintain a separate account of the sums ....