TaxTMI 
TaxTMI 
Withdrawal of Notifications granting approval u/s 35(1)(ii) of the Income-tax Act, 1961 in some cases
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.... 1961 to the respective entities which were notified earlier. The details are as follows: S. No. Name of the case in which the approval was withdrawn Earlier Notifications granting approval u/s 35 (1) (ii) Notification issued withdrawing the approval now 1 Matrivani Institute of Experimental Research and Education, Kolkata (PAN : AABTM0125H) Notification No 229/2007/F. No. 203/29/2005-ITA.II dated 21^st August 2007 (1-A) Notification No. 78/2016/F. No.203/29/2005/ITA.II dated 6^th September, 2016 (1-B) 2 Herbicure Health Bio-Herbal Research Foundation, Kolkata (PAN ; AABCH4849J) Notification No 35/2008/F. No. 203/135/2007/....
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....ientific research through its faculty members or its enrolled students; (iii) The approved organization shall maintain books of accounts and get such books audited by an accountant as defined in the explanation to sub-section (2) of Section 288 of the said Act and furnish the report of 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 copy of such statement duly certified by the au....
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....2007 with effect from 1st April, 2004 and shall be deemed that the said notification has not been issued for any tax benefits under the Income-tax Act, 1961 or any other law of the time being in force. [Notification No. 78/2016/F. No. 203/29/2005/ITA. II] DEEPSHIKHA SHARMA, Director New Delhi, the 14th March, 2008 S.O. 798 .- It is hereby notified for general information that the organization Herbicure Healthcare Bio- Herbal Research Foundation, Kolkata 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 SC and SE of the Income-tax Rules, 1962 (said Rules), with effect from 1-4-2007 in the category of 'Ot....
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.... 1 ; or (c) fails to furnish its statement of the donations received and sums applied for scientific research referred to in sub-paragraph (iv) of paragraph 1; or (d) ceases to carry on its research activities or its research activities are not found to be genuine; or (e) ceases to conform to and comply with the provisions of clause (ii) of sub-section (1) of Section 35 of the said Act read with rules 5C and SE of the said Rules. [Notification No. 35/2008/F. No. 203/135/2007/ITA-II] SURENDER PAL, Under Secy. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 6th September, 2016 S.O. 2882(E) .- In exercise of the powers conferred under cla....
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....ugh its faculty members or its enrolled students; (iii) The approved organization shall maintain separate books of accounts in respect of the sums received by it for scientific research, reflect therein the amounts used for carrying out research, get such books audited by an accountant as defined in the explanation to sub-section (2) of Section 288 of the said Act and furnish the report of 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 ....