TMI BlogU/s 35(1) (ii) of IT Act 1961 Central Government approved M/s Indian Institute of Science Education and Research, BhopalX X X X Extracts X X X X X X X X Extracts X X X X ..... O. 1353 (E) - It is hereby notified for general information that the organization M/ s Indian Institute of Science Education and Research, Bhopal (PAN:- AAAA12511F) 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), fr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rified 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 (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, such donations shall be us ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ernment shall withdraw the approval if the approved organization:- (a) fails to maintain separate books of accounts referred to in sub-paragraph (iii) of paragraph 1; or (b) fails to furnish its audit report referred to in sub-paragraph (iii) of paragraph I; or (c) fails to furnish its statement of the donations received and sums applied for scientific research referred to in sub-par ..... X X X X Extracts X X X X X X X X Extracts X X X X
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