TMI BlogFor the purpose of Section 35(1)(ii) - organization The Synthetic & Art Silk Mills' Research Association (SASMIRA), Mumbai has been approvedX X X X Extracts X X X X X X X X Extracts X X X X ..... NO. 97/2007, DATED 28-3-2007 It is hereby notified for general information that the organization The Synthetic art Silk Mills' Research Association (SASMIRA), 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of income under sub-section (1) of section 139 of the said Act; (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) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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