Research expenditure deduction: approval granted to Sri Aurobindo Society by prescribed authority, enabling specified tax exemption treatment. The Council of Scientific and Industrial Research, as the prescribed authority under the income-tax provision governing research expenditure deductions, has approved Sri Aurobindo Society, Pondicherry, and this institutional approval is notified for general information to enable qualifying payments to the institution to be treated as eligible for the research-related deduction.
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Provisions expressly mentioned in the judgment/order text.
Research expenditure deduction: approval granted to Sri Aurobindo Society by prescribed authority, enabling specified tax exemption treatment.
The Council of Scientific and Industrial Research, as the prescribed authority under the income-tax provision governing research expenditure deductions, has approved Sri Aurobindo Society, Pondicherry, and this institutional approval is notified for general information to enable qualifying payments to the institution to be treated as eligible for the research-related deduction.
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