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of <h1>Chartered Accountants Institute Approved for Tax Exemption Under Section 35(1)(iii) for Three Years</h1> The Institute of Chartered Accountants of India, New Delhi, has been approved by the Indian Council of Social Science Research as an institution eligible for exemption under section 35(1)(iii) of the Income-tax Act, 1961. This approval is valid for three years starting from April 1, 1973. The institution is required to submit an annual report to the Council detailing the funds received under this section and the research programs financed by these funds.
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