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<h1>Land Research Institute Approved for Scientific Research Under Income-tax Act Section 35(1)(ii), Valid Until March 1986.</h1> The Land Research Institute, located in Bombay, 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. This approval is valid from July 7, 1984, to March 31, 1986. The institute must maintain separate accounts for funds received for scientific research, submit annual returns of its activities by April 30 each year, and provide audited annual accounts and balance sheets by June 30 to the prescribed authority and the Commissioner of Income-tax.