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Notification u/s 35(1) (ii) - Approved organization - Central Power Research Institute Bengaluru

Income Tax - 27/2016 - Dated:- 7-4-2016 - Government of India Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) New Delhi, the 7th April, 2016 Notification No. 27/2016 S. O. - It is hereby notified for general information that the organization Central Power Research Institute Bengaluru (PAN:- AAAAC0268P) 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 a .....

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by it for scientific research, reflect therein the amounts used for carrying out research, get such books audited by an accountant as defined in the explanation to sub-section (2) of section 288 of the said Act and furnish the report of such audit duly signed and verified by such accountant to the Commissioner of Income-tax or the Director of Income-tax having jurisdiction over the case, by the due date of furnishing the return of income under sub-section (I) of section 139 of the said Act; (iv) .....

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