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    <description>Approval is granted to the Vivekanand Institute of Medical Sciences as an institution under section 35(1)(ii) subject to conditions: maintain separate accounts for research funds; file prescribed annual returns of scientific research activities by the annual deadline; submit audited annual accounts, income and expenditure statements and balance-sheet to the prescribed authority with copies to central tax authorities and the Commissioner; and apply in advance for extension of approval to the central tax board, as late applications may be rejected. The approval is effective for the notified fiscal period.</description>
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