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<h1>Institute of Chartered Accountants gets tax exemption approval under Section 35(1)(ii), valid from April 1974 to March 1977.</h1> The Institute of Chartered Accountants of India, New Delhi, has been approved by the Secretary of the Department of Science and Technology as an institution eligible for exemption under clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961. This approval is valid from April 1, 1974, to March 31, 1977.