Approved Institution status under section 35(1)(ii) recognises Potash Research Institute for tax purposes during its approval period. Potash Research Institute of India is approved as an Approved Institution under clause (ii) of sub section (1) of section 35 of the Income tax Act, the approval being issued by the prescribed authority and effective for the notification's stated approval period, thereby recognising the Institute for tax treatment under that provision.
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Provisions expressly mentioned in the judgment/order text.
Approved Institution status under section 35(1)(ii) recognises Potash Research Institute for tax purposes during its approval period.
Potash Research Institute of India is approved as an Approved Institution under clause (ii) of sub section (1) of section 35 of the Income tax Act, the approval being issued by the prescribed authority and effective for the notification's stated approval period, thereby recognising the Institute for tax treatment under that provision.
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