SECTION 35(1)(ii) OF THE INCOME-TAX ACT, 1961 - SCIENTIFIC RESEARCH EXPENDITURE - APPROVED SCIENTIFIC RESEARCH ASSOCIATIONS/INSTITUTIONS - INDIAN INSTITUTE OF TECHNOLOGY (BHU), VARANASI

NOTIFICATION NO. 22/2015 [F. NO. 203/07/2014/ITA-II], DATED 13-3-2015

It is hereby notified for general information that the organization Indian Institute of Technology (BHU), Varanasi (PAN - AAAJI0396R) 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 2014-2015 and onwards in the category of "University College and other Institution", engaged in research activities subject to the following conditions, namely:—

2. The Central Government shall withdraw the approval if the approved organization:—

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