TMI BlogFor the purpose of Section 35(1)(iii) - organization Lilavati Kiritilal Mehta Medical Trust Research Centre, Mumbai has been approvedX X X X Extracts X X X X X X X X Extracts X X X X ..... reby notified for general information that the organization Lilavati Kiritilal Mehta Medical Trust Research Centre, Mumbai 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 1[Rules 5C and 5E] of the Income-tax Rules, 1962 (said Rules), with effect from 1-4-2003 in the category of 'other ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pproved 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 referred to above. 2. Central Government shall withdraw the approval if the approved organization:- (a) fails to maintain books of account referred to in sub-paragraph (iii) of par ..... X X X X Extracts X X X X X X X X Extracts X X X X
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