CBDT grants Income Tax Exemption to Amul Research and Development Association in Gujarat u/s 35(1)(ii) [Read Notification]

This notification is issued in response to the orders in Writ Petition No. 2913/2009, and in SCA No. 9237 of 2012, by the Gujarat HC regarding the case of M/s Amul Research and Development Association vs. CBDT
CBDT - Income Tax Exemption - Amul Research and Development Association - Amul - Taxscan

The Central Board of Direct Taxes has notified the income tax exemption to Amul Research and Development Association in Gujarat under section 35(1)(ii) of Income Tax Act, 1961. This vid Notification no. 38/2024 dated 9th April 2024 shall be deemed to have been applied from Assessment Years (AYs) 2008-09 to 2021-22. The notification stated that…

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