TMI BlogU/s 35(1) (ii) of IT Act 1961 Central Government approved M/s Institute of Nano Science and Technology, MohaliX X X X Extracts X X X X X X X X Extracts X X X X ..... ) - It is hereby notified for general information that the organization M/s Institute of Nano Science and Technology, Mohali (PAN:- AAAA14829E) 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), from Assessment year 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r 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 scientific research and a copy of such statement duly certified by the auditor shall accompany the report of audit refer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... agraph (iii) of paragraph 1; or (b) fails to furnish its audit report referred to in sub-paragraph (iii) of paragraph 1; or (c) fails to furnish its statement of the donations received and sums applied for scientific research referred to in subparagraph (iv) of paragraph 1; or (d) ceases to carry on its research activities or its research activities are not found to be genuine; or ..... X X X X Extracts X X X X X X X X Extracts X X X X
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