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<h1>Indian Society for Training and Development Gains Income Tax Exemption Approval Under Section 35(1)(ii), Effective April 1974.</h1> The Indian Society for Training and Development, New Delhi, has been approved by the Council of Scientific and Industrial Research as per clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961. This approval grants the institution an exemption under section 35(1)(ii) of the Income Tax Act. The notification, identified as S.O.1833, was issued on 27th July 1974 and is effective from 1st April 1974.