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    <description>Approval is granted to the Institute of Chartered Accountants of India as an approved institution for scientific research expenditure under clause (iii) of sub-section (1) of section 35, effective 1-4-2006, subject to conditions: sums must be used for social science research; research must be conducted by faculty or enrolled students; separate books for research funds must be maintained and audited by a qualified accountant with the audit report furnished to the tax authority by the return due date; and a certified statement of donations and applications for research must accompany the audit report. Approval may be withdrawn for specified failures or noncompliance.</description>
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