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Approved Institution Aspee Research Institute, Bombay u/s 35(1)(ii)

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..... artment of Science Technology, New Delhi, the prescribed authority for the purposes 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 ) That the Aspee Research Institute, Bombay, will maintain a separate account of the sums received by it .....

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