Exemption under Section 35(1)(ii) approved for M. Visvesvaraya Industrial Research and Development Centre as research institution. The Council of Scientific and Industrial Research, as the prescribed authority, has approved M. Visvesvaraya Industrial Research and Development Centre for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, thereby recognising the institution for the statutory research-related exemption provided under that clause.
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) approved for M. Visvesvaraya Industrial Research and Development Centre as research institution.
The Council of Scientific and Industrial Research, as the prescribed authority, has approved M. Visvesvaraya Industrial Research and Development Centre for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, thereby recognising the institution for the statutory research-related exemption provided under that clause.
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