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<h1>Addiction Research Centre Approved for Tax Benefits under Section 35(1)(ii) for Scientific Research, Effective 1986-1988</h1> The Addiction Research Centre in Madras has been approved under section 35(1)(ii) of the Income-tax Act, 1961, for scientific research purposes by the Department of Scientific and Industrial Research, New Delhi. The approval is effective from April 1, 1986, to March 31, 1988. The Centre must maintain separate accounts for research funds, submit annual scientific research activity reports by April 30, and provide audited accounts and balance sheets by June 30 each year. Additionally, it must apply for approval extension three months before expiry to the Central Board of Direct Taxes, with late applications subject to rejection.