RULE 252 INCOME-TAX RULES 2026
Educational qualifications prescribed.
252. The following educational qualifications are prescribed for the purposes of section 515(3)(a)(vi):—
| (1) | A degree in Commerce or Law, conferred by any University in India established by law currently in force, or a deemed university, or an institution with the authority to confer degrees under the University Grants Commission Act, 1956 (3 of 1956). | |
| (2) | A degree in Commerce or Law, conferred by any foreign university or educational institution, which is recognised as equivalent to a degree conferred by an Indian University, as determined by the Association of Indian Universities (AIU). |