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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Bombay School of Social Work gains tax exemption u/s 35(1)(iii) for promoting social science research.</h1> The School of Social Work in Bombay has been approved by the Indian Council of Social Science Research for tax exemption under section 35(1)(iii) of the Income-tax Act, 1961. This approval is contingent upon the school maintaining separate accounts for funds collected under the exemption, using these funds exclusively for promoting research in social sciences, and submitting an annual report to the Council detailing the funds collected and their utilization. This notification is effective from April 1, 1974.
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