TMI BlogFor the purpose of Section 35(1)(iii) - organization The Kuppuswami Sastri Research Institute, Chennai has been approvedX X X X Extracts X X X X X X X X Extracts X X X X ..... notified for general information that the organization The Kuppuswami Sastri Research Institute, Chennai has been approved by the Central Government for the purpose of clause ( iii ) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with rules 5C and 5D of the Income-tax Rules, 1962 (said Rules) with effect from 1-4-2003 in the category of 'other Institution, pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on shall maintain a separate statement of donations received and amounts applied for research in social sciences 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 par ..... X X X X Extracts X X X X X X X X Extracts X X X X
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