Section 35 approval for research association: trust granted scientific research deduction eligibility effective for specified assessment years. Approval is granted to M/s Patanjali Research Foundation Trust, Haridwar as a Research Association for Scientific Research under the statutory scheme permitting recognition of entities performing scientific research to enable tax treatment for qualifying research expenditure. The notification takes effect from publication, applies retrospectively to the prior year, and specifies applicability for the stated range of assessment years; the memorandum records no adverse effect from retrospective application.
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.
Section 35 approval for research association: trust granted scientific research deduction eligibility effective for specified assessment years.
Approval is granted to M/s Patanjali Research Foundation Trust, Haridwar as a Research Association for Scientific Research under the statutory scheme permitting recognition of entities performing scientific research to enable tax treatment for qualifying research expenditure. The notification takes effect from publication, applies retrospectively to the prior year, and specifies applicability for the stated range of assessment years; the memorandum records no adverse effect from retrospective application.
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