Executive Summary:
This notification announces the Central Government's approval of the National Institute of Hydrology (NIH), PAN: AAATN1385M, as a Scientific Research Association under Section 35(1)(ii) of the Income-tax Act, 1961, effective from the assessment year 2017-2018. The approval is subject to specific conditions related to the conduct and reporting of scientific research activities. The notification also outlines circumstances under which the Central Government may withdraw its approval.
Key Points / Main Content:
Approval of NIH as a Scientific Research Association:
* The Central Government has approved the National Institute of Hydrology (NIH) as a Scientific Research Association.
* This approval is 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 2017-2018 onwards.
Conditions for Approval:
* NIH's sole objective must be to undertake scientific research.
* NIH must conduct scientific research by itself.
* NIH must maintain separate, audited books of accounts for scientific research, with the audit report furnished to the relevant Commissioner/Director of Income-tax by the due date for income tax return filing under Section 139(1) of the Income-tax Act, 1961.
* NIH must maintain a separate statement of donations received and amounts applied for scientific research, certified by an auditor, and include a copy with the audit report.
Withdrawal of Approval:
* The Central Government may withdraw the approval if NIH:
* Fails to maintain separate books of accounts.
* Fails to furnish its audit report.
* Fails to furnish its 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 Income-tax Act, 1961, read with Rules 5C and 5D of the Income-tax Rules, 1962.
Impact Analysis:
National Institute of Hydrology (NIH):
Impact: NIH is now recognized as an approved Scientific Research Association, making it eligible for certain benefits and subject to specific obligations under the Income-tax Act, 1961.
Action Required: NIH must adhere to the conditions specified in the notification, including maintaining proper accounts, conducting audits, and submitting required reports to retain its approved status.
Commissioner of Income-tax/Director of Income-tax:
Impact: They are responsible for overseeing NIH's compliance with the conditions of approval.
Action Required: They must review the audit reports submitted by NIH and ensure that the organization adheres to the stipulated conditions.
Donors to NIH:
Impact: Donations to NIH may be eligible for deductions under the Income-tax Act, 1961, due to NIH's approved status, provided NIH continues to meet the conditions for approval.
Action Required: Donors should verify NIH's continued compliance with the conditions for approval to ensure their donations remain eligible for deductions.
Key Entities Referenced
Ministry of Finance: The government ministry responsible for financial matters.
Department of Revenue: A department within the Ministry of Finance.
Central Board of Direct Taxes: A body under the Department of Revenue responsible for direct tax administration.
New Delhi: The location where the notification was issued.
National Institute of Hydrology: An organization approved by the Central Government for the purpose of clause ii of subsection 1 of section 35 of the Incometax Act, 1961.
Income-tax Act, 1961: The Act of Parliament of India that governs income tax.
Income-tax Rules, 1962: The rules pertaining to the Income-tax Act, 1961.
Assessment year 2017-2018: The assessment year from which the approval is effective.
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EXTRAORDINARY
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PART II—Section 3—Sub-section (ii)
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No. 1401] NEW DELHI, TUESDAY, MAY 16, 2017/VAISAKHA 26, 1939
ििििवववव(cid:7004)(cid:7004)(cid:7004)(cid:7004)तत तत मममम(cid:7074)(cid:7074)ंं(cid:7074)(cid:7074)ंं ााााललललयययय
((((ररररााााजजजज(cid:7021)(cid:7021)(cid:7021)(cid:7021)वव वव ििििववववभभभभाााागगगग))))
((((कककक(cid:7286)(cid:7286)(cid:7286)(cid:7286)(cid:7076)(cid:7076)(cid:7076)(cid:7076)ीीीीयययय (cid:7079)(cid:7079)(cid:7079)(cid:7079)(cid:7004)(cid:7004)(cid:7004)(cid:7004)यय यय (cid:6979)(cid:6979)(cid:6979)(cid:6979) ककककरररर बबबबोोोोडडडड(cid:6981))(cid:6981))(cid:6981))(cid:6981))
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:7408)द(cid:7016) ली, 15 मई, 2017
ककककाााा.... आआआआ.... 1111555588888888((((अअअअ)))).—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) नेशनल इंि(cid:7021)ट(cid:7351)ूट
ऑफ हाइ(cid:7071)ोलॉजी (‘एनआईएच’) (पैनः एएएटीएन1385एम) नामक संगठन को िनधा(cid:6981)रण वष(cid:6981) 2016-17 और इसस े
आगे 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 ‘एनआईएच’ 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 ‘एनआईएच’ हते ु वै(cid:6980)ािनक अनसु धं ान के िलए इसके (cid:7367)ारा (cid:7079)ा(cid:7009) त रािश के संबंध म(cid:7286) अलग लेखा
बिहयां रखेगा िजनम(cid:7286) अनसु धं ान 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 से लेखा परी(cid:6979)ा कराएगा और उ(cid:6989) त
अिधिनयम क(cid:7409) धारा 139 क(cid:7409) उपधारा (1) के अंतगत(cid:6981) आय िववरणी (cid:7079)(cid:7021) तुत करने क(cid:7409) िनयत ितिथ तक ऐसे लखे ाकार
(cid:7367)ारा िविधवत स(cid:7004) यािपत एव ं 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;
3180 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 अनसु ंधान ‘एनआईएच’ 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 ऐसे ि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 करने 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 एवं (cid:7079)यु(cid:6989) त धनरािश
का िववरण (cid:7079)(cid:7021) तुत 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 अनसु ंधान 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 अन(cid:7272)ु प नह(cid:7277) होगा तथा उनका पालन नह(cid:7277) करेगा।
[अिधसूचना सं. 38/2017/फा. सं. 203/24/2016-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 15th May, 2017
S.O. 1588(E).—It is hereby notified for general information that the organization M/s National Institute of
Hydrology (‘NIH’) (PAN:- AAATN1385M) 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 2017-2018 onwards in the category of ‘Scientific Research
Association’, subject to the following conditions, namely:-
(i) The sole objective of the approved ‘Scientific Research Association’ ‘NIH’ 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 ‘NIH’ 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 ‘NIH’ 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. 38/2017/F. No. 203/24/2016/ITA-II]
ANKITA PANDEY, Under Secy. (cid:32)
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