Approval under section 35(1)(ii) recognizes Madurai University for income tax exemption purposes effective from the notified date. Approval by the prescribed authority is recorded for the purposes of Section 35(1)(ii) of the Income-tax Act, 1961: Notification No. S.O.867 dated 11-2-1975 states the Secretary, Department of Science and Technology approved Madurai University, Madurai for the statutory purpose in clause (ii) of sub-section (1), with the approval taking effect from 1-4-74.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(ii) recognizes Madurai University for income tax exemption purposes effective from the notified date.
Approval by the prescribed authority is recorded for the purposes of Section 35(1)(ii) of the Income-tax Act, 1961: Notification No. S.O.867 dated 11-2-1975 states the Secretary, Department of Science and Technology approved Madurai University, Madurai for the statutory purpose in clause (ii) of sub-section (1), with the approval taking effect from 1-4-74.
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