Approved Institution Jai Research Foundation u/s 35(1)(ii)

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..... prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 (Thirty-five/one/two) 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 Jai Research Foundation, Valsad, will maintain a separate account of the sums received by it for scientific research. (ii) .....

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