541- : Notification: 541 Date of Issue: 1/3/2001

Notification: 541 Date of Issue: 1/3/2001

Notification: 541

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 1/3/2001

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category "association" subject to the following conditions :

(i) The notified association shall maintain separate books of account for its research activities ;

(ii) The notified association shall furnish the annual return of its scientific research activities to the Secretary, Department of Scientific and Industrial Research, "Technology Bhawan", New Mehrauli Road, New Delhi-110 016 for every financial year on or before 31st May of each year ;

(iii) The notified association shall submit, on behalf of the Central Government, to (a) the Director-General of Income-tax (Exemptions), 10, Middleton Row, 5th Floor, Calcutta-700 071 , (b) the Secretary, Department of Scientific and Industrial Research ; and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the Organisation, on or before 31st October, each year, a copy of its audited annual accounts and also a copy of the audited income and expenditure account in respect of its research activities for which exemption was granted under sub-section (1) of section. 35 of the Income-tax Act, 1961, in addition to the return of income-tax to the designated Assessing Officer.

------- Sl. Name of the Organisation approved Period for which No. notification is effective ------

1. Addiction Research Centre, 17-IV St. Main Road, Indira 1-4-1999 to 31-3-2002 Nagar, Adyar, Chennai-600 020. (F. No. 203/1/2001-ITA-II)

2. Jawaharlal Nehru Centre for Advanced Scientific Re- 1-4-2000 to 31-3-2003 search, Jakkar P.O., Bangalore-560 064. (F. No. 203/1/2001-ITA-II)

3. Tea Research Association, 113, Park Street, 9th Floor, 14-2000 to 31-3-2003 Kolkata-700 016. (F. No. 203/1/2001-ITA-II)

4. Council for Power Utilities, New Delhi CBIP Building, 1-4-1999 to 31-3-2002 Malcha Marg, New Delhi- 110 021. (F. No. 203/1/2001-ITA-II)

5. Boselnstitute,93/1,A.P.C.Road,Calcutta-700009. 1-4-2000 to 31-3-2003 (F. No. 203/l/2001-ITA-II)

6. Indian National Science Academy, Bahadur Shah Zafar 1-4-2000 to 31-3-2003 Marg, New Delhi-110 002. (F. No. 203/11/2001-ITA-II] ----- [Notification No. 49/2001/F. No. 203/1/2001 and 203/11/2001/ITA-II]