Exemption under Section 35: prescribed authority approval enables institution to qualify for research-related tax benefits. The Indian Council of Social Science Research has approved the All India Management Association, New Delhi, for purposes of the Income-tax Act provision ... Summary
Exemption under Section 35: prescribed authority approval enables institution to qualify for research-related tax benefits.
The Indian Council of Social Science Research has approved the All India Management Association, New Delhi, for purposes of the Income-tax Act provision governing deductions/exemptions for payments to approved research institutions, and a notification records this institutional recognition under section 35(1).
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