Exemption under Income tax provision: institutional approval for research deduction following notification recognizing the institute effective. The Management Development Institute, New Delhi, has been approved by the prescribed authority under clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, enabling the institute to qualify for the exemption/recognition under that provision; the approval was given by the Council of Scientific and Industrial Research and declared effective from 1 April 1973 by notification dated 15 June 1974.
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 Income tax provision: institutional approval for research deduction following notification recognizing the institute effective.
The Management Development Institute, New Delhi, has been approved by the prescribed authority under clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, enabling the institute to qualify for the exemption/recognition under that provision; the approval was given by the Council of Scientific and Industrial Research and declared effective from 1 April 1973 by notification dated 15 June 1974.
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