2297 : Notification: S.O.2297 Date of Issue: 24/5/1980

Notification: S.O.2297 Date of Issue: 24/5/1980

Notification: S.O.2297

Section(s) Referred: 35 ,35(1) ,35(1)(iii)

Statute: INCOME TAX

Date of Issue: 24/5/1980

It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Social Science Research, the prescribed authority for the purposes of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, subject to the following conditions :--

1. That the funds collected by the Economic & Scientific Research Foundation under this exemption shall be utilized exclusively for promotion of research in social sciences.

2. That the Economic & Scientific Research Foundation shall maintain separate accounts of the funds so collected by them under this exemption, and

3. That the Economic & Scientific Research Foundation shall send an annual report and audited accounts regularly to the Indian Council of Social Science Research, New Delhi, showing the funds collected under this exemption and the manner in which these funds are utilized.

Institution

Economic & Scientific Research Foundation, New Delhi.

This approval is effective for a period of three years from 1-4-1980 to 31-3-1983.

[No. 3398/F. No. 203/11/80-ITA.II