Institution Research Institute Approved for Tax Exemption Under Section 35(1)(ii) of Income-tax Act 1961
The Institution Research Institute of Ancient Scientific Studies in 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 of the Income-tax Act, 1961. This approval grants the institution an exemption under section 35(1)(ii) of the Income-tax Act, as notified in Notification No. S.O.605 dated February 15, 1965.
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