As a CBSE student, I can only tell you that our formal letters place the sender's address top-right, receiver's address left-aligned below, and a centred 'Subject:' line. But I confess a secret envy for ICSE's stricter format—your margins and punctuation must be perfect to avoid losing marks. This reminds me of checking my sister's ICSE papers, her carefully underlined subjects looking so official next to my own simpler CBSE drafts.
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