Central Government approves ‘Amul Research and Development Association, Anand, Gujarat' under the category of ‘Research Association’ for research in ‘Scientific Research’ for the purposes of clause (ii) of sub-section (1) of section 35 - 38/2024 - Income Tax Act, 1961
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Research Association Approval: Amul R&D recognised for scientific research permitting retrospective research tax benefits to be claimed. Approval is granted to Amul Research and Development Association as a Research Association authorised to undertake Scientific Research for purposes of claimable research-related tax benefits under the income-tax framework, with the notification applied retrospectively for prior assessment years and issued following judicial proceedings and ministerial certification that no person is adversely affected.
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.
Research Association Approval: Amul R&D recognised for scientific research permitting retrospective research tax benefits to be claimed.
Approval is granted to Amul Research and Development Association as a Research Association authorised to undertake Scientific Research for purposes of claimable research-related tax benefits under the income-tax framework, with the notification applied retrospectively for prior assessment years and issued following judicial proceedings and ministerial certification that no person is adversely affected.
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