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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>India Foundation Gains Tax-Exempt Status for Social Science Research Under Income-tax Act Section 35(1)(iii)</h1> The India Foundation, New Delhi, has been approved by the Indian Council of Social Science Research under section 35(1)(iii) of the Income-tax Act, 1961. This approval allows the institution to collect funds exempt from tax, provided these funds are exclusively used for promoting research in social sciences. The institution is required to maintain separate accounts for these funds and submit an annual report detailing fund collection and utilization to the Council. This notification is effective from April 1, 1979, to March 31, 1982.
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