Exemption under section 35(1)(ii) approved for Poona Medical Foundation, confirming eligibility for research-related tax relief. Poona Medical Foundation, Poona, has been approved by the Indian Council of Medical Research as the prescribed authority for clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, making the institution eligible for the research-related tax exemption under that provision and the notification declares that this approval takes effect from the commencement of the stated fiscal year.
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 Poona Medical Foundation, confirming eligibility for research-related tax relief.
Poona Medical Foundation, Poona, has been approved by the Indian Council of Medical Research as the prescribed authority for clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, making the institution eligible for the research-related tax exemption under that provision and the notification declares that this approval takes effect from the commencement of the stated fiscal year.
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