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The Central Government approves the organization M/s International Centre for Research in Agroforestry for the purpose of clause (ii) of sub-section (I) of section 35 of the Income-tax Act, 1961. The approval applies from Assessment year 2019-2020 onwards in the category of Scientific Research Association. The organization must undertake scientific research by itself and maintain separate books of accounts for sums received. The organization must get the accounts audited by an accountant and furnish the audit report by the due date of furnishing the return of income. The organization must maintain a separate statement of donations and receive grants after taking prior permission from the Indian Council of Agricultural Research or the Department of Agricultural Research and Education.
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(TO BE PUBLISHED IN PART II, SUB-SECTION (ii) OF SECTION 3 EXTRA ORDINARY OF THE GAZETrE OF INDIA) Government of India Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) Notification New Delhi, the ~ 1 November, 2019 S,O, It is hereby notified for general infomlation that the organization Mis International Centre for Research in Agroforestry, South Asia Regional Programme, NASC Complex, Delhi (ICRAF) (PAN:- AAATI4803K) has been approved by the Central Government for the purpose of clause (ii) of sub-section (I) of scction 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 year 2019- 2020 onwards in the category of 'Scientific Research Association', subject to the following conditions, namely:-
(Rajarajcswari R) Under Secretary to Government of India Notification No, !l+-J2019 (F. No, 203/0412019/ITA-ll)
To The Manager, Gov!' of India Press, Mayapuri, New Delhi
Copy forwarded to: -
Under Secretary to Government of India
