Research expenditure exemption: approval grants institutional tax-exemption status to Indian Institute of Management Calcutta. The Council of Scientific and Industrial Research, as prescribed authority, has approved The Indian Institute of Management, Calcutta as an institution under clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, entitling the Institute to the tax treatment provided for eligible research expenditure under that provision.
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Research expenditure exemption: approval grants institutional tax-exemption status to Indian Institute of Management Calcutta.
The Council of Scientific and Industrial Research, as prescribed authority, has approved The Indian Institute of Management, Calcutta as an institution under clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, entitling the Institute to the tax treatment provided for eligible research expenditure under that provision.
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