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<h1>Giri Institute of Development Studies Approved for Tax Exemption Under Section 35(1)(iii) of Income-tax Act, 1961</h1> The Giri Institute of Development Studies in Lucknow has been approved by the Indian Council of Social Science Research under section 35(1)(iii) of the Income-tax Act, 1961. This approval is effective from April 1, 1977, to March 31, 1980. The institute must maintain separate accounts for funds collected under this exemption and use them exclusively for promoting research in social sciences. Additionally, the institute is required to submit an annual report to the Indian Council of Social Science Research detailing the funds collected and their utilization.