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of <h1>IIM Calcutta Gains Tax Exemption Status Under Section 35 of Income-tax Act, 1961</h1> The Indian Institute of Management, Calcutta, has been approved by the Council of Scientific and Industrial Research as a recognized institution under clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961. This approval grants the institution certain tax exemptions as specified in the Act. The notification, identified as S.O.785, was issued on February 7, 1973, to inform the public of this status.
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