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of <h1>Nutrition Society of India gains approval under Section 35(1)(ii) of Income-tax Act for scientific research funding.</h1> The Nutrition Society of India, Hyderabad, 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 April 1, 1987, to March 31, 1990, requires the Society to maintain separate accounts for scientific research funds, submit annual returns of research activities by May 31, and provide audited accounts and balance sheets by June 30 each year to the prescribed authority and the Central Board of Direct Taxes. The Society must apply for approval extension three months before expiry; late applications may be rejected.
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