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 ... Summary
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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