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Approved Association Aeronautical Development Agency, Vimanapura post, Bangalore u/s 35(1)(ii)
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....en approved by the Central Government for the period mentioned against its name, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962 under the category "Association" subject to the following conditions : (i) The notified Association shall maintain separate books of accounts for its research activities; (ii)....