Exemption Under Section 35(1)(ii)-Indian Institute of Technology, Hyderabad, Kandi, Andhra Pradesh

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..... for general information that the organization Indian Institute of Technology, Hyderabad, Kandi, Andhra Pradesh 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 2010-11 onwards in the category of 'other Institu .....

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..... , 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 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 .....

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