Research institution approval under section 35(1)(ii) confirms tax-related status and benefit eligibility for the stated two-year period. The Bhailal Amin Foundation, Baroda, has been granted approval by the prescribed authority under clause (ii) of sub section (1) of section 35 of the Income tax Act, conferring recognized institutional status for tax treatment of research-related expenditures; the approval is effective for the two year period from 1 January 1979 to 31 December 1980.
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Provisions expressly mentioned in the judgment/order text.
Research institution approval under section 35(1)(ii) confirms tax-related status and benefit eligibility for the stated two-year period.
The Bhailal Amin Foundation, Baroda, has been granted approval by the prescribed authority under clause (ii) of sub section (1) of section 35 of the Income tax Act, conferring recognized institutional status for tax treatment of research-related expenditures; the approval is effective for the two year period from 1 January 1979 to 31 December 1980.
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