TMI BlogFor the purpose of Section 35(1)(ii) - organization The K.J. Somaiya Institute of Applied Agricultural Research, Karnataka has been approvedX X X X Extracts X X X X X X X X Extracts X X X X ..... 007 It is hereby notified for general information that the organization The K.J. Somaiya Institute of Applied Agricultural Research, Karnataka 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 cat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ct; (iv) The 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. The Central Government shall withdraw the approval if the approved organization:- (a) fails to maintain books of account referred to in sub-paragraph (i ..... X X X X Extracts X X X X X X X X Extracts X X X X
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