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of <h1>Government Recognizes IIMs Ahmedabad, Bangalore, Calcutta, Lucknow under Income-tax Act Section 10C for Specific Benefits</h1> The Central Government, under the authority of sub-clause (viii) of clause (10C) of section 10 of the Income-tax Act, 1961, specifies certain institutes of management for relevant purposes. The institutes listed are: Indian Institute of Management, Ahmedabad, registered on 11th December 1961; Indian Institute of Management, Bangalore, registered on 27th March 1972; Indian Institute of Management, Calcutta, registered on 14th November 1961; and Indian Institute of Management, Lucknow, registered on 27th July 1984. This specification is issued through Notification No. S.O.475(E) dated 28th June 1994.
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