4935 : Notification: S.O.4935 Date of Issue: 25/9/1975

Notification: S.O.4935 Date of Issue: 25/9/1975

Notification: S.O.4935

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

Statute: INCOME TAX

Date of Issue: 25/9/1975

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) The institute maintains seperate accounts for the funds received under this exemption, and

(2) The institute submits an annual report to the Indian Council of Social Science Research regarding the funds received and the manner in which they were utilised.

Institution

The Institute of Management Development, U.P., Lucknow.

The notification will be effective from 1-4-75 to 31-3-78