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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Indian Institute of Management Calcutta Gains Tax Exemption Approval Under Section 35(1)(iii) of the Income-tax Act 1961.</h1> The Indian Institute of Management, Calcutta, has been approved by the Indian Council of Social Science Research, New Delhi, as an institution eligible for exemption under clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961. This approval, formalized in Notification No. S.O.2172 dated April 6, 1972, allows the institution to benefit from specific tax exemptions related to research and development activities as outlined in the specified section of the Income-tax Act.