For the purpose of Section 35(1)(ii) - organization ITC Sangeet Research Academy, Kolkata has been approved

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..... ization ITC Sangeet Research Academy, Kolkata 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 1-4-2005 in the category of 'other Institution, partly engaged in research activities subject to the following co .....

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..... pplied 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 (iii) of paragraph 1; or (b) fails to furnish its audit report referred to in sub-paragraph (iii) o .....

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