Exemption under section 35(1)(ii) granted to Premhari Research and Development Foundation for approved research activities. Exemption under section 35(1)(ii) was granted to Premhari Research and Development Foundation, Bombay by the prescribed authority, approving the institution for purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961. The approval is time-limited to a two-year period commencing 1 April 1973 and is communicated by official notification, making the institution eligible for the research-related tax deduction during that period.
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Exemption under section 35(1)(ii) granted to Premhari Research and Development Foundation for approved research activities.
Exemption under section 35(1)(ii) was granted to Premhari Research and Development Foundation, Bombay by the prescribed authority, approving the institution for purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961. The approval is time-limited to a two-year period commencing 1 April 1973 and is communicated by official notification, making the institution eligible for the research-related tax deduction during that period.
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