Approval under section-based income-tax exemption permits recognition of Shri Ram Education Society, subject to ongoing statutory compliance. Approval is granted to Shri Ram Education Society for recognition under the income-tax exemption provision for educational institutions, effective from the assessment year noted in the notification, on the condition that the society conforms to and complies with the substantive and procedural requirements of the relevant exemption clause read with the applicable rules; the approval is issued by the Chief Commissioner of Income-tax, Jaipur and identified by the authority's reference number.