Notification u/s 35(1) (ii) - Approved organization - INSTITUTE OF LIVER & BILIARY SCIENCES, NEW DELHI

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..... y 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), assessment year 2012-2013 and onwards in the category of University College and other Institution , engaged in research activities subject to the following conditions, namely: (i) The .....

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..... 39 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 approval if the approved organization: (a) fails to maintain separate b .....

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