Rule - 18AAA (of Income Tax Rules, 1962),Income-tax Rules, 1962
Rule - 18AAA (of Income Tax Rules, 1962),Income-tax Rules, 1962
Prescribed authority for approval of a University or any educational institution of national eminence for the purpose of section 80G (of Income Tax Act, 1961).
For the purpose of sub-clause (iiif) of clause (a) of sub-section (2) of section 80G (of Income Tax Act, 1961), the prescribed authority,—
(a) in relation to a university or any non-technical institution of national eminence, shall be the Director General (Income-tax Exemptions), who shall grant approval with the concurrence of the Secretary, University Grants Commission;
(b) in relation to any technical institution of national eminence, shall be the Director General (Income-tax Exemptions) who shall grant approval with the concurrence of the Secretary, All India Council of Technical Education.
Explanation : For the purposes of this rule,—
(1) "All India Council of Technical Education" means the All India Council of Technical Education established under section 3 (of Income Tax Act, 1961) of the All India Council for Technical Education Act, 1987 (52 of 1987);
(2) "University Grants Commission" means the University Grants Commission established under section 4 (of Income Tax Act, 1961) of the University Grants Commission Act, 1956 (3 of 1956).
×
