Hospital Research Society's Income Tax Approval Changed to Time-Bound, Valid Until March 31, 1988, per Notification S.O.2378
Approval previously granted to a hospital medical research society in Bombay under section 35(1)(ii) of the Income-tax Act, 1961, has been changed from perpetual to a time-bound status. This approval is now valid until March 31, 1988. This change is documented in Notification No. S.O.2378, dated April 16, 1986, and it modifies the original approval granted on February 15, 1974, by the Ministry of Finance.
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