NOTIFICATION
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION No. 38/2024
DATED : 09.04.2024
S.O. 1651(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961) read with Rules 5C and 5D of the Income-tax Rules, 1962, the Central Government hereby approves ‘Amul Research and Development Association, Anand, Gujarat (PAN: AAATA2673H)’ under the category of ‘Research Association’ for research in ‘Scientific Research’ for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with Rules 5C and 5D of the Income-tax Rules, 1962.
2. This Notification shall be deemed to have been applied from Assessment Years (AYs) 2008-09 to 2021-22.
[F. No. 203/10/2021/ITA-II]