Research institution exemption approved for tax deduction eligibility under Income tax Act; Automotive Research Association recognised by prescribed authority The Council of Scientific and Industrial Research, as the prescribed authority, has approved the Automotive Research Association of India, Bombay, for purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, by notification S.O.1284 dated 31 3 1967, recognising the institution's eligibility for research related tax exemption and deduction provisions.
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Research institution exemption approved for tax deduction eligibility under Income tax Act; Automotive Research Association recognised by prescribed authority
The Council of Scientific and Industrial Research, as the prescribed authority, has approved the Automotive Research Association of India, Bombay, for purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, by notification S.O.1284 dated 31 3 1967, recognising the institution's eligibility for research related tax exemption and deduction provisions.
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