Exemption under Section 35(1)(ii) approval confirms research institution status and tax deduction eligibility for the named agricultural entity. Approval for tax exemption under Section 35(1)(ii) of the Income-tax Act, 1961 was granted to Maharashtra Hybrid Seeds Company Ltd., Jalna by the Indian Council of Agricultural Research as the prescribed authority, recognising the institution for the purposes of clause (ii) of subsection (1) of section 35 and specifying a two-year duration of approval.
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) approval confirms research institution status and tax deduction eligibility for the named agricultural entity.
Approval for tax exemption under Section 35(1)(ii) of the Income-tax Act, 1961 was granted to Maharashtra Hybrid Seeds Company Ltd., Jalna by the Indian Council of Agricultural Research as the prescribed authority, recognising the institution for the purposes of clause (ii) of subsection (1) of section 35 and specifying a two-year duration of approval.
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