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<h1>Assam Science Society Approved for Scientific Research Funding Under Section 35(1)(ii) of Income-tax Act 1961</h1> The Assam Science Society, Guwahati, has been approved by the Department of Science and Technology, New Delhi, under section 35(1)(ii) of the Income-tax Act, 1961, for scientific research purposes. This approval is effective from December 7, 1983, to March 31, 1986. The society must maintain a separate account for research funds, submit annual returns of its research activities by April 30 each year, and provide audited annual accounts, including income, expenditure, and balance sheets, to the prescribed authority and the concerned Commissioner of Income-tax by June 30 each year.