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    <title>M/s National Institute of Construction Management has been approved u/s. 35(1)(ii) of the Income tax Act, 1961</title>
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    <description>Approval of NICMAR as an Institution under clause (ii) of sub section (1) of section 35 is subject to maintaining separate books for research, furnishing an annual scientific research return to the Department of Scientific and Industrial Research by 31 May, and annually submitting audited annual accounts and audited income &amp; expenditure accounts for the research activities to the Tax Exemptions Office, the scientific research department, and the local Commissioner/Director of Income Tax by 31 October, in addition to filing the income tax return; renewal applications should be filed in triplicate well in advance.</description>
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      <description>Approval of NICMAR as an Institution under clause (ii) of sub section (1) of section 35 is subject to maintaining separate books for research, furnishing an annual scientific research return to the Department of Scientific and Industrial Research by 31 May, and annually submitting audited annual accounts and audited income &amp; expenditure accounts for the research activities to the Tax Exemptions Office, the scientific research department, and the local Commissioner/Director of Income Tax by 31 October, in addition to filing the income tax return; renewal applications should be filed in triplicate well in advance.</description>
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