Notification No. S. O.
3182, dated 21-10-2009
In exercise of the
powers conferred by sub-clause (vi) of clause (23C) of section 10 of the
Income-tax Act, 1961 (43 of 1961) read with rule 2CA of the Income-tax Rules,
1962 the Chief Commissioner of Income-tax, Jaipur hereby approves Rose Land
Public School Society, Jaipur for the purpose of the said section for the
assessment years 2009-10 and onwards provided that the society conforms to and
complies with the provisions of sub-clause (vi) of clause (23C) of section 10
of the Income-tax Act, 1961 read with rule 2CA of the Income-tax Rules, 1962
and further subject to the following conditions that :-
(a) it
shall never invest its surplus funds in any mode other than those specified in
section 11, 12, or 13 of the Income-tax Act, 1961 or in contravention of the
provisions of section 11, 12, or 13 of the Income-tax Act, 1961.
(b) It
shall never promote, subscribe, assist or amalgamate with any other society, or
association, whether incorporated or not, having objects which are not wholly
similar to those of the society.