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<h1>Psychiatric Research Institute Gains Approval for Scientific Research under Section 35(1)(ii) of the Income-tax Act, 1961</h1> The Shri Verindra Nath Jamuna Das Psychiatric Research Institute in New Delhi has been approved by the Department of Scientific and Industrial Research under section 35(1)(ii) of the Income-tax Act, 1961, for scientific research purposes. The approval is effective from March 17, 1986, to March 31, 1988. The institute must maintain separate accounts for research funds, submit annual research activity returns by April 30, and provide audited financial documents by June 30 each year. Additionally, it must apply for approval extension three months before expiry. Non-compliance may lead to rejection of extension requests.