Exemption under section 35(1)(ii): approval of specified research institutions granted tax benefits, later withdrawn by notification. Approval of specified research and scientific bodies for tax exemption under section 35(1)(ii): Notification S.O.2875 dated 6-9-1965 lists institutions approved by the prescribed authority for purposes of clause (ii) of sub section (1) of section 35, conferring eligibility for the section 35(1)(ii) exemption; those approvals were later withdrawn by a subsequent notification effective 11-02-1978.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 35(1)(ii): approval of specified research institutions granted tax benefits, later withdrawn by notification.
Approval of specified research and scientific bodies for tax exemption under section 35(1)(ii): Notification S.O.2875 dated 6-9-1965 lists institutions approved by the prescribed authority for purposes of clause (ii) of sub section (1) of section 35, conferring eligibility for the section 35(1)(ii) exemption; those approvals were later withdrawn by a subsequent notification effective 11-02-1978.
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