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of <h1>Hospital Approved for Scientific Research Under Section 35(1)(ii) of Income-tax Act 1961; Must Submit Annual Reports</h1> The Sree Mullapudi Venkataramanamma Memorial Hospital and Research Centre in Tanuku has been approved by the Department of Science and Technology under section 35(1)(ii) of the Income-tax Act, 1961, for scientific research purposes. The institution must maintain separate accounts for research funds, submit annual returns of research activities by April 30 each year, and provide audited financial accounts and balance sheets by June 30 annually to the prescribed authority and the Commissioner of Income-tax. This approval is valid from November 30, 1982, to December 31, 1983.
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