Approved Institution Escorts Heart Institute and Research Centre, New Delhi u/s 35(1)(ii) - S.O.2439 - Income Tax

Approved Institution Escorts Heart Institute and Research Centre, New Delhi u/s 35(1)(ii) NOTIFICATION NO. S.O.2439 DATED 25-6-1981 It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, New Delhi, the prescribed authority for the purposes of clause ( ii ) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6( ii ) of the Income-tax Rules, 1962, under the category of " Scientific Research Association " in the field of medical research subject to the following conditions :--- ( i ) That the Association will maintain a separate account of the sums received by it for scientific research in the field of medical research. ( ii ) That the Association will furnish annual returns of its scientific research activities to the Council by 31st May, each year, at the latest in such form as may be laid down and intimated to them for this purpose. ( iii ) That the Association will furnish an annual audited statement of accounts to the Council by 31st May, each year, and in addition send a copy of it to the concerned Income-tax Commissioner. ( iv ) That the Association will seek Govt. of India's clearance before importing equipment to be gifted from Dr. Spencer's Heart Foundation, New York. Institution Escorts Heart Institute and Research Centre, New Delhi. This notification is effective for a period of two years from 19-6-1981 to 18-6-1983. [No. 4047 (F. No. 203/103/81-ITA.II)]