Approval of Indian School of Political Economy, Pune, under section 35(1)(iii) of the Income-tax Act, 1961 is converted into time bound approval valid up to 31-3-1988 - S.O.2393 - Income Tax Act, 1961
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Time-bound approval under income-tax law: perpetual approval for the institute converted to limited-term validity. The perpetual approval previously granted to the Indian School of Political Economy, Pune, under the relevant provision of the Income-tax Act is converted into a time bound approval limited in validity to 31-3-1988, thereby restricting the institute's entitlement to recognition under that income-tax provision to the specified temporal period as communicated by government notification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Time-bound approval under income-tax law: perpetual approval for the institute converted to limited-term validity.
The perpetual approval previously granted to the Indian School of Political Economy, Pune, under the relevant provision of the Income-tax Act is converted into a time bound approval limited in validity to 31-3-1988, thereby restricting the institute's entitlement to recognition under that income-tax provision to the specified temporal period as communicated by government notification.
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