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Notification u/s 35(1) (ii) - Approved organization - Institute of Chemical Technology, Mumbai

Income Tax - 42/2015 - Dated:- 16-4-2015 - (TO BE PUBLISHED IN PART II, SUB-SECTION (ii) OF SECTION 3 OF THE GAZETTE OF INDIA) Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) Notification No. 42/2015 New Delhi, the 16th Ap .....

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f 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 2014-2015 and onwards under the category "University College or other Institution& .....

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ts faculty members or its enrolled students; (iii) The approved organization shall maintain separate books of accounts in respect of the sums received by it for scientific research, reflect therein the amounts used for carrying out research, get such .....

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me-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 ap .....

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