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of <h1>Research Project on Hydraulic Equipment Approved Under Section 35(2A) of Income-tax Act, 1961</h1> A scientific research program titled 'Qualification of Hydraulic Variable Volume Pump, Pressure Control Valve, Flow Control Valve, Hydraulic Accessories and Power Packs for application under seismic conditions' has been approved under sub-section (2A) of section 35 of the Income-tax Act, 1961. Sponsored by a company based in Bombay, the project is to be implemented by the Indian Institute of Technology, Madras. It is scheduled to start in September 1983 and complete by December 1983, with an estimated budget of Rs. 50,500. The Indian Institute of Technology, Madras, is approved to undertake this project on a sponsorship basis.
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