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Notification No. 14/2019 [F.No. 203/09/2018-ITA-II]


 Notice Date : 06 March 2019

MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 6th March, 2019

S.O. 1142(E).—On consideration of application of M/s Agricultural Development Trust, Baramati, Pune (‘ADT’) (PAN:- AAATB7892F) dated 10.03.2018 for approval under section 35(1)(ii) of Income Tax Act,1961(‘said Act’) wherein approval for the following three units under its aegis namely ‘Shardabai Pawar Mahila Arts, Commerce and Science College, College of Agriculture and Allied Sciences & Krishi Vigyan Kendra, Baramati’ has been sought in the category of ‘University, College or other Institution’, it is hereby notified for general information that ‘the said three units under the aegis of ‘Agricultural Development Trust, Baramati, Pune’ have been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the said Act, read with Rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), from Assessment year 2018-2019 onwards in the category of ‘University, College or other Institution’, engaged in research activities, subject to the following conditions, namely:-


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