Exemption u/s 35(1)(ii) - Approved Scientific Research Associations/Institutions – - INDIAN PLYWOOD INDUSTRIES RESEARCH & TRAINING INSTITUTE, BANGALORE

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....L BOARD OF DIRECT TAXES NOTIFICATION NO. 80/2013 DATED 22-10-2013 It is hereby notified for general information that the organization Indian Plywood Industries Research & Training Institute, Bangalore, (PAN - AAAAI0707P) 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 5E of....

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....such audit duly signed and verified by such accountant to the Commissioner 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 scientific research and a c....