Section 35(1)(iii) of the Income-tax Act, 1961 - Scientific research expenditure- Approved social science or statistical research associations or institutions

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....FICATION NO. 13/2009, DATED 22-1-2009 It is hereby notified for general information that the organization The Institute of Chartered Accountants of India, New Delhi, has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 ('said Act'), read with rules 5C and 5E of the Income-tax Rules, 1962 ('said Rules') with effect....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....missioner of Income-tax or the Director of Income-tax having jurisdiction over the case, by the due date of furnishing the return of income under sub-section (1) of section 139 of the said Act; (iv) The approved organization shall maintain a separate statement of donations received and amounts applied for research in social sciences and a copy of such statement duly certified by the auditor shall....