Tax exemption for research institution: approval by prescribed authority enables recognition for research-linked tax relief. The Research Institute of Ancient Scientific Studies, New Delhi, has been approved by the Council of Scientific and Industrial Research as the prescribed authority for the purposes of clause (ii) of sub section (1) of section 35, and this approval is communicated by official notification indicating the institute's recognition for tax exemption eligibility tied to research activities.
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.
Tax exemption for research institution: approval by prescribed authority enables recognition for research-linked tax relief.
The Research Institute of Ancient Scientific Studies, New Delhi, has been approved by the Council of Scientific and Industrial Research as the prescribed authority for the purposes of clause (ii) of sub section (1) of section 35, and this approval is communicated by official notification indicating the institute's recognition for tax exemption eligibility tied to research activities.
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 
