Exemption under section 35(1)(ii) granted to an approved research institution, creating eligibility from the stated fiscal effective date. Approval by the prescribed authority is recorded for grant of tax exemption under clause (ii) of sub section (1) of section 35 of the Income tax Act to the Indian Institute of Technology, Madras, and the notification states that this approval is effective from the beginning of the fiscal year specified in the notification.
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) granted to an approved research institution, creating eligibility from the stated fiscal effective date.
Approval by the prescribed authority is recorded for grant of tax exemption under clause (ii) of sub section (1) of section 35 of the Income tax Act to the Indian Institute of Technology, Madras, and the notification states that this approval is effective from the beginning of the fiscal year specified in the notification.
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