TMI BlogOrganization Dabur Research Foundation, New Delhi has been approved u/s 35(1)(ii)X X X X Extracts X X X X X X X X Extracts X X X X ..... New Delhi 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 5D of the Income-tax Rules, 1962 (said Rules) with effect from 1-4-2004 in the category of 'scientific research association' subject to the following conditions, namely :— ( i) The sole objective of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd a copy of such statement duly certified by the auditor shall accompany the report of audit referred to above. 2. The Central Government shall withdraw the approval if the approved organization :— ( a ) fails to maintain books of account referred to in sub-paragraph ( iii ) of paragraph 1; or ( b ) fails to furnish its audit report referred to in sub-paragraph ( iii ) of paragraph 1; or ..... X X X X Extracts X X X X X X X X Extracts X X X X
|