Exemption under section 35(1)(ii): Indian Plywood Industries Research Association designated as prescribed authority enabling research institution relief. Notification S.O.2772 records that the Council of Scientific and Industrial Research has declared the Indian Plywood Industries Research Association, Bangalore, to be the prescribed authority under clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, thereby recognising the institution within the statutory mechanism for tax exemption of specified research expenditures.
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.
Exemption under section 35(1)(ii): Indian Plywood Industries Research Association designated as prescribed authority enabling research institution relief.
Notification S.O.2772 records that the Council of Scientific and Industrial Research has declared the Indian Plywood Industries Research Association, Bangalore, to be the prescribed authority under clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, thereby recognising the institution within the statutory mechanism for tax exemption of specified research expenditures.
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