Home India Ministry of Finance It is hereby notified for general information that the organ...
Date: 2017-03-31 Category: Extra Ordinary State: Union Government Country: India

It is hereby notified for general information that the organiation

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

**Executive Summary:** This notification announces the Central Government's approval of Ms Society for Applied Microwave Electronics Engineering Research (SAMEER) as a Scientific Research Association under Section 35(1)(ii) of the Income-tax Act, 1961, effective from the assessment year 2016-2017. The approval is subject to specific conditions regarding the conduct and reporting of scientific research activities. The Central Government may withdraw the approval if the conditions are not met. **Key Points / Main Content:** * **Approval Details:** * Ms Society for Applied Microwave Electronics Engineering Research (SAMEER) is approved as a Scientific Research Association. * Approval is granted under Section 35(1)(ii) of the Income-tax Act, 1961, read with Rules 5C and 5D of the Income-tax Rules, 1962. * The approval is effective from the assessment year 2016-2017 onwards. * **Conditions for Approval:** * The sole objective of SAMEER must be to undertake scientific research. * SAMEER must conduct the scientific research activities by itself. * SAMEER must maintain separate books of accounts for scientific research, reflecting amounts used for research. * These books must be audited by a qualified accountant. * An audit report, duly signed and verified by the accountant, must be furnished to the relevant Commissioner or Director of Incometax by the due date for filing income tax returns under Section 139(1) of the Act. * SAMEER must maintain a separate statement of donations received and amounts applied for scientific research. * A copy of this statement, certified by the auditor, must accompany the audit report. * **Withdrawal of Approval:** * The Central Government may withdraw the approval if SAMEER: * Fails to maintain separate books of accounts. * Fails to furnish its audit report. * Fails to furnish the statement of donations received and sums applied for scientific research. * Ceases to carry on its research activities, or its research activities are not genuine. * Ceases to comply with Section 35(1)(ii) of the Act and Rules 5C and 5D. **Impact Analysis:** * **Ms Society for Applied Microwave Electronics Engineering Research (SAMEER):** * *Impact:* Recognition as an approved Scientific Research Association, enabling donors to claim tax benefits on donations. * *Action Required:* Ensure compliance with all conditions specified in the notification, including maintaining proper accounts, conducting audits, and submitting required reports by the due dates. * **Donors to Ms Society for Applied Microwave Electronics Engineering Research (SAMEER):** * *Impact:* Eligibility to claim tax benefits on donations made to SAMEER, subject to SAMEER maintaining its approved status. * *Action Required:* Verify that SAMEER maintains its approved status and that donations are used for scientific research purposes to ensure eligibility for tax benefits. * **Income Tax Department:** * *Impact:* Oversight responsibility to ensure SAMEER complies with the conditions of approval and to process audit reports and statements submitted by SAMEER. * *Action Required:* Review audit reports and statements submitted by SAMEER and monitor compliance with the conditions of approval.

Key Entities Referenced

Central Board of Direct Taxes: A government organization under the Department of Revenue, Ministry of Finance. Income-tax Act, 1961: The primary law governing income tax in India. Incometax Rules, 1962: The rules framed under the Income-tax Act, 1961. Society for Applied Microwave Electronics Engineering Research (SAMEER): An organization approved by the Central Government for the purpose of clause ii of subsection 1 of section 35 of the Incometax Act, 1961. Section 35 of the Incometax Act, 1961: Section of the Income-tax Act, 1961 related to expenses on scientific research. Rules 5C and 5D of the Incometax Rules, 1962: Rules under the Incometax Rules, 1962 related to transfer pricing regulations. Assessment year 2016-2017: The assessment year from which the approval is granted to Society for Applied Microwave Electronics Engineering Research (SAMEER). New Delhi: Location of publication of the notification.
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jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx II—[k.M 3—mi&[k.M (ii) PART II—Section 3—Sub-section (ii) izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 907] ubZ fnYyh] 'kqØokj] ekpZ 31] 2017@pS=k 10] 1939 No. 907] NEW DELHI, FRIDAY, MARCH 31, 2017/CHAITRA 10, 1939 िव(cid:7004)त म(cid:7074)ं ालय (राज(cid:7021)व िवभाग) (क(cid:7286)(cid:7076)ीय (cid:7079)(cid:7004)य (cid:6979) कर बोड(cid:6981)) अिधसचू ना नई (cid:7408)द(cid:7016) ली, 27 माच(cid:6981), 2017 का.आ. 1019(अ).—सव(cid:6981)साधारण क(cid:7409) जानकारी के िलए एतद(cid:7367)् ारा यह अिधसूिचत (cid:7408)कया जाता ह ै (cid:7408)क क(cid:7286)(cid:7076) सरकार (cid:7367)ारा आयकर िनयमावली, 1962 (उ(cid:6989) त िनयमावली) के िनयम 5ग और 5ड. के साथ प(cid:7407)ठत आयकर अिधिनयम, 1961 (उ(cid:6989) त अिधिनयम) क(cid:7409) धारा 35 क(cid:7409) उपधारा (1) के खंड (ii) के (cid:7079)योजनाथ(cid:6981) मैसस(cid:6981) सोसाइटी फार ए(cid:7009)लाइड माइ(cid:7059)ोवेव इले(cid:6989)(cid:7069)ािन(cid:6989)स इंजीिनय(cid:7411)रग ए(cid:7003)ड (cid:7407)रसच(cid:6981) (‘एसएएमईईआर’) (पैनः एएएलएएस5825के) नामक संगठन को िनधार(cid:6981) ण वष (cid:6981) 2016-17 और इससे आग े क(cid:7409) अविध के िलए िन(cid:7013)न िलिखत शत(cid:7300) के अधीन ‘वै(cid:6980)ािनक अनुसंधान संघ’ क(cid:7409) (cid:7088)ेणी म(cid:7286) अनुमो(cid:7408)दत (cid:7408)कया जाता ह,ै नामत:- (i) अनुमो(cid:7408)दत संगठन वै(cid:6980)ािनक अनुसंधान संघ ‘एसएएमईईआर’ का कुल उ(cid:7374)(cid:7019)े य वै(cid:6980)ािनक अनुसंधान के िलए होगा; (ii) अनुमो(cid:7408)दत संगठन अपने (cid:7367)ारा वै(cid:6980)ािनक अनुसंधान करेगा; (iii) अनुमो(cid:7408)दत संगठन ‘एसएएमईईआर’ हते ु वै(cid:6980)ािनक अनुसंधान के िलए इसके (cid:7367)ारा (cid:7079)ा(cid:7009) त रािश के संबंध म(cid:7286) अलग लेखा बिहयां रखेगा िजनम(cid:7286) अनुसंधान करने के िलए (cid:7079)यु(cid:6989) त रािश दशा(cid:6981)ई गई हो, ऐसी खाता बिहय(cid:7298) क(cid:7409) उ(cid:6989) त अिधिनयम क(cid:7409) धारा 288 क(cid:7409) उप धारा (2) के (cid:7021) प(cid:7020) टीकरण म(cid:7286) यथा प(cid:7407)रभािषत (cid:7408)कसी लेखाकार स े लेखा परी(cid:6979)ा कराएगा और उ(cid:6989)त अिधिनयम क(cid:7409) धारा 139 क(cid:7409) उपधारा (1) के अंतग(cid:6981)त आय िववरणी (cid:7079)(cid:7021) तुत करने क(cid:7409) िनयत ितिथ तक ऐसे लेखाकार (cid:7367)ारा िविधवत स(cid:7004) यािपत एवं ह(cid:7021) ता(cid:6979)(cid:7407)रत लेखा परी(cid:6979)ा (cid:7407)रपोट(cid:6981) मामले म(cid:7286) (cid:6979)(cid:7074)े ािधकार रखने वाले आयकर आयु(cid:6989) त अथवा आयकर िनदशे क को (cid:7079)(cid:7021) तुत करेगा; 1820 GI/2017 (1)(cid:32)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] (iv) अनुमो(cid:7408)दत संगठन वै(cid:6980)ािनक अनुसंधान ‘एसएएमईईआर’ के िलए (cid:7079)ा(cid:7009) त दान तथा (cid:7079)यु(cid:6989) त रािश का अलग िववरण रखेगा और उपयु(cid:6981)(cid:6989) त लेखा परी(cid:6979)ा (cid:7407)रपोट(cid:6981) के साथ लेखा परी(cid:6979)क (cid:7367)ारा िविधवत स(cid:7004) यािपत ऐस े िववरण क(cid:7409) (cid:7079)ित (cid:7079)(cid:7021) तुत करेगा। 2. क(cid:7286)(cid:7076) सरकार यह अनुमोदन वापस ले लेगी य(cid:7408)द अनुमो(cid:7408)दत संगठन:- (क) पैरा(cid:7061)ाफ 1 के उप-पैरा(cid:7061)ाफ (iii) म(cid:7286) यथा उि(cid:7016) लिखत अलग लेखा बिहयां रखने म(cid:7286) असफल रहता ह;ै अथवा (ख) पैरा(cid:7061)ाफ 1 के उप-पैरा(cid:7061)ाफ (iii) म(cid:7286) यथा उि(cid:7016) लिखत अपनी लेखा परी(cid:6979)ा (cid:7407)रपोट(cid:6981) (cid:7079)(cid:7021) तुत करन े म(cid:7286) असफल रहता ह;ै अथवा (ग) पैरा(cid:7061)ाफ 1 के उप-पैरा(cid:7061)ाफ (iv) म(cid:7286) यथा उि(cid:7016) लिखत वै(cid:6980)ािनक अनुसंधान के िलए (cid:7079)ा(cid:7009) त दान एव ं (cid:7079)यु(cid:6989) त धनरािश का िववरण (cid:7079)(cid:7021) ततु करने म(cid:7286) असफल रहता ह;ै अथवा (घ) अपने अनुसंधान काय(cid:6981) कलाप(cid:7298) को करना बंद कर दते ा ह ै अथवा इसके अनुसंधान काय(cid:6981) कलाप(cid:7298) को वा(cid:7021) तिवक नह(cid:7277) पाया जाता ह;ै अथवा (ड.) उ(cid:6989) त िनयमावली के िनयम 5ग और 5ड. के साथ प(cid:7407)ठत उ(cid:6989) त अिधिनयम क(cid:7409) धारा 35 क(cid:7409) उपधारा (1) के खंड (ii) के (cid:7079)ावधान(cid:7298) के अनु(cid:7272)प नह(cid:7277) होगा तथा उनका पालन नह(cid:7277) करेगा। [अिधसूचना सं. 20/2017/फा. सं. 203/14/2016-आ.क.िन.-II] अं(cid:7408)कता पांड,े अवर सिचव MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 27th March, 2017 S.O. 1019(E).—It is hereby notified for general information that the organization M/s Society for Applied Microwave Electronics Engineering & Research (‘SAMEER’)(PAN:- AALAS5825K) 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 5D of the Income-tax Rules, 1962 (said Rules), from Assessment year 2016-2017 onwards in the category of ‘Scientific Research Association’, subject to the following conditions, namely:- (i) The sole objective of the approved ‘Scientific Research Association’ ‘SAMEER’ shall be to undertake scientific research; (ii)(cid:32) The approved organization shall carry out scientific research by itself; (iii) The approved organization shall maintain separate books of accounts for ‘SAMEER’ in respect of the sums received by it for scientific research, reflect 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 (1) of section 139 of the said Act; (iv)(cid:32) The approved organization shall maintain a separate statement of donations received and amounts applied for scientific research for ‘SAMEER’ and a copy of such statement duly certified by the auditor shall accompany the report of audit referred to above. 2.(cid:32) The Central Government shall withdraw the approval if the approved organization:- (a)(cid:32) fails to maintain separate books of accounts referred to in sub-paragraph (iii) of paragraph 1; or (b)(cid:32) fails to furnish its audit report referred to in sub-paragraph (iii) of paragraph 1; or¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3 (c)(cid:32) fails to furnish its statement of the donations received and sums applied for scientific research referred to in sub-paragraph (iv) of paragraph 1; or (d)(cid:32) ceases to carry on its research activities or its research activities are not found to be genuine; or (e)(cid:32) ceases to conform to and comply with the provisions of clause (ii) of sub-section (1) of section 35 of the said Act read with rules 5C and 5D of the said Rules. [Notification No. 20/2017/F.No.203/14/2016/ITA-II] ANKITA PANDEY, Under Secy. . Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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