Research expenditure exemption under section 35(1)(iii) approved for Shri Ram Centre, conferring prescribed authority recognition and tax relief. Exemption for research expenditure under section 35(1)(iii) is applied to the Shri Ram Centre for Industrial Relations, New Delhi by formal notification, recording that the institution has been approved by the prescribed authority for purposes of that clause and thereby qualifies as a recognized institution for tax allowance of specified research expenditure.
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Provisions expressly mentioned in the judgment/order text.
Research expenditure exemption under section 35(1)(iii) approved for Shri Ram Centre, conferring prescribed authority recognition and tax relief.
Exemption for research expenditure under section 35(1)(iii) is applied to the Shri Ram Centre for Industrial Relations, New Delhi by formal notification, recording that the institution has been approved by the prescribed authority for purposes of that clause and thereby qualifies as a recognized institution for tax allowance of specified research expenditure.
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