notification no. 84/2018 f.no.203/27/2017/ita ii

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~TO BE PUBLISHED I PART II, SUB-SECTION (ii) OF SECTIOI 3 EXTRA ORDINARY OF THE GAZEn'E OF I DIA) Government of India Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) Notification New Delhi, the 26th November, 2018 S.O. It is hereby notified for general information that the organization Mis Thalassemia and Sickle Cell Society (PA AAATr4038K) has been approved by the Central Government for the purpose of clause (ii) of sub-section (I) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5D of the Income-tax Rules, 1962 (said Rules), from Assessment yea r 2018- 2019 onwards in the category of 'Scientific Research Association', subject to the following conditions, namely:- (i) The sole objective of the approved ' Scientific Research Association' shall be to undertake scientific research; (ii) The approved organization shall carry out scientific research by itself; (iii) The approved organization shall maintain separate books of accounts in rcspect of the sums received by it for scientific research, renect 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) 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 abovc. 3. The Central Government shal1 withdraw the approval if the approved organi1..ation:- (a) fails to maintain separate books of accounts referred to in sub-paragraph (iii) of paragraph I; 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 rcsearch referred to in sub- paragraph (iv) of paragraph I; or (d) ceases to carryon its research activities or its research activities are not found to be genuine; or (e) ceases to conform to and comply with the provisions of clause (ii) of sub-section (I) of section 35 of the said Act read with rules 5C and 5D ofthc said Rules. 121_ (R~rg) Director to Government of India Notification No. 84n018 (F.No.203/27/201 7/1T A-II) To I. 2. 3. 4. 5. 6. The Manager, Govt. of India Press, Mayapuri, New Delhi forwarded to: The applicant organization, Mi s Mis Thalassemia and Sickle Cell Society, lIyderabad CIT (E), Hyderabad Web Manager, New Delhi, for placing on the website incometaxindia.gov.in ITCC, CBDT (4 copies) Concerned file Guard file. 14- (Rohit Garg) Director to Government of India