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Approved Mangalam, Lucknow u/s 35(1)(ii)
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....neral (I.T. Exemptions) in concurrence with the Secretary, Department of Scientific and Industrial Research, for the purposes of clause (ii) of sub-section (1) of section 35 (thirty-five/one/two) of the Income-tax Act, 1961, under the category " Association " subject to the following conditions :--- (i) The organisation will maintain a separate account of the sums received by it for scientific r....