Prescribes 'Scientific Research Association' under Section 35 of the Income Tax Act, 1961

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....t Taxes) New Delhi, the 31 December, 2008 Notification No.112/2008 S.O.84.- It is hereby notified for general information that the organization Centre for Materials for Electronics Technology, Pune, has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with rules 5C and 5D of the Income-tax ....

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....on (1) of section 139 of the said Act; (iv) The approved organization shall 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....