Research institution approval under Section 35 enables tax exemption recognition following prescribed authority certification. The notification records that the Tea Research Association, Calcutta, has been certified by the Council of Scientific and Industrial Research as an approved institution for purposes of clause (ii) of sub section (1) of section 35 of the Income Tax Act, thereby qualifying it for the statutory exemption mechanism for recognized scientific research bodies.
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 institution approval under Section 35 enables tax exemption recognition following prescribed authority certification.
The notification records that the Tea Research Association, Calcutta, has been certified by the Council of Scientific and Industrial Research as an approved institution for purposes of clause (ii) of sub section (1) of section 35 of the Income Tax Act, thereby qualifying it for the statutory exemption mechanism for recognized scientific research bodies.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
