Prescribed authority approval under section 35(1) secures research exemption recognition for the named institute, effective from April. The Indian Council of Social Science Research approved the T. S. Narayanaswami Institute of Social and Business Research, Madras, as the prescribed authority recognition for clause (iii) of sub-section (1) of section 35 of the Income-tax Act; Notification No. S.O.1658 dated 22-5-1974 records the approval and states it takes effect from 1 April 1973.
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.
Prescribed authority approval under section 35(1) secures research exemption recognition for the named institute, effective from April.
The Indian Council of Social Science Research approved the T. S. Narayanaswami Institute of Social and Business Research, Madras, as the prescribed authority recognition for clause (iii) of sub-section (1) of section 35 of the Income-tax Act; Notification No. S.O.1658 dated 22-5-1974 records the approval and states it takes effect from 1 April 1973.
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