Approved various Institution u/s 35(1)(iii)

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Full Text of the Document

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.... clause (iii) of sub-section (1) of section 35 of the Income-tax Act 1961, read with rule 6 of the IT Rules, 1962, under the category "Institution" subject to the following conditions: (i) The notified Institution shall maintain separate books of accounts for its research activities; (ii) The notified Institution shall furnish the Annual Return of its scientific research activities to the Secr....