Scientific research expenditure - Madras School of Economics, Chennai as an organization approved for purpose of section 35(1)(iii)

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..... Dated 30-12-2009 S.O. 76.- It is hereby notified for general information that the organization Madras School of Economics, Chennai has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act) , read with rules 5C and 5E of the Income-tax Rules, 1962 (said Rules) from .....

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..... 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 research in social s .....

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