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of <h1>Sandhata Medical Research Society Approved for Tax Benefits Under Section 35(1)(ii) of Income-tax Act 1961</h1> The Sandhata Medical Research Society, Miraj, has been approved by the Department of Scientific and Industrial Research, New Delhi, under section 35(1)(ii) of the Income-tax Act, 1961. This approval is valid from January 20, 1986, to March 31, 1987. The institution must maintain separate accounts for scientific research funds, submit annual returns of research activities by May 31, and provide audited accounts by June 30 each year to the prescribed authority and the Central Board of Direct Taxes. The association must apply for approval extension three months before expiry; late applications may be rejected.
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