Approved Institution Bhausaheb Sardesai Memorial Research Foundations, Pune u/s 35(1)(ii)

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....n that the Institution mentioned below has been approved by the Department of Scientific and Industrial Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 (Thirty-five/one/two) of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category "Association" subject to the following conditions :-- (i) That t....

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....ciation will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected. (v) That the equipments proposed to be acquried should be utilised for research only. If under special circumstances ....