TMI BlogApproval of Petroleum Conservation Research Association, New Delhi for the purpose of Section 35(1)(ii)X X X X Extracts X X X X X X X X Extracts X X X X ..... that the organization Petroleum Conservation Research Association, New Delhi, 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 Rules 5C and 5E of the Income-tax Rules, 1962 ( said Rules ), from Assessment year 2009-2010 onwards in the category of 'other Institution', partly eng ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... due date of furnishing the return of income under sub-section (1) of section 139 of the said Act ; (iv) The approved 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. 3. The Central Government shall withdraw the a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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