Scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961 - S.O.852 - Income Tax Act, 1961
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Scientific research programme approval under section 35(2A) confirms tax-recognized R&D project sponsorship and specified implementation period. Approval is granted for the scientific research programme 'Remedial Measure for Industrial and Saline Problems in Transmission Line Insulators' for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, read with rule 6(iv) of the Income-tax Rules, 1962. The project is sponsored by M/s. W.S. Insulators of India Ltd., to be carried out at the Indian Institute of Technology, Madras, with proposed commencement 1-11-1978 and completion 31-10-1980, and an estimated outlay specified.
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Provisions expressly mentioned in the judgment/order text.
Scientific research programme approval under section 35(2A) confirms tax-recognized R&D project sponsorship and specified implementation period.
Approval is granted for the scientific research programme "Remedial Measure for Industrial and Saline Problems in Transmission Line Insulators" for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, read with rule 6(iv) of the Income-tax Rules, 1962. The project is sponsored by M/s. W.S. Insulators of India Ltd., to be carried out at the Indian Institute of Technology, Madras, with proposed commencement 1-11-1978 and completion 31-10-1980, and an estimated outlay specified.
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