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<h1>Dr. Patani Scientific & Industrial Research gets approval under Section 35(1)(ii) for scientific research purposes until 1986.</h1> Dr. Patani Scientific & Industrial Research in Bombay has been approved under section 35(1)(ii) of the Income-tax Act, 1961, for scientific research purposes. The approval, granted by the Department of Science & Technology, is valid from April 1, 1984, to March 31, 1986. The institution must maintain separate accounts for funds received for scientific research, submit annual returns of its research activities by April 30, and provide audited financial accounts by June 30 each year. Additionally, the institution must apply for approval extension three months before expiration to avoid rejection.