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of <h1>Charutar Arogya Mandal Medical Research Society Gains Approval Under Section 35(1)(ii) of Income-tax Act 1961</h1> The Charutar Arogya Mandal Medical Research Society in Vallabh Vidyanagar has been approved under section 35(1)(ii) of the Income-tax Act, 1961, by the Department of Scientific and Industrial Research, New Delhi. This approval, effective from August 1, 1986, to March 31, 1988, requires the institution to maintain separate accounts for scientific research funds, submit annual research activity returns by April 30, and provide audited accounts and balance sheets by June 30 each year. Additionally, the institution must apply for approval extension three months before expiry to avoid rejection.
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