TMI BlogScientific research expenditure - Vedanta Cultural Foundation, Mumbai approved as an organization for purpose of section 35(1)(iii)X X X X Extracts X X X X X X X X Extracts X X X X ..... -2010 It is hereby notified for general information that the organization Vedanta Cultural Foundation, Mumbai 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 5E of the Income-tax Rules, 1962 (said Rules ) from Assessment year 2010-2011 onwards in the categ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Director of Income-tax having jurisdiction over the case, by the 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 research in social sciences and a copy of such statement duly certified by the auditor shall accompany the report ..... X X X X Extracts X X X X X X X X Extracts X X X X
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