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<h1>Vivekanand Institute Gains Approval Under Section 35(1)(ii) of Income-tax Act; Must Submit Annual Research Accounts</h1> The Vivekanand Institute of Medical Sciences of Ramakrishna Mission, Calcutta, 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 is valid from April 1, 1986, to March 31, 1989. The Institute must maintain separate accounts for scientific research funds, submit annual returns of research activities by May 31 each year, and provide audited accounts and balance sheets by June 30 each year to the prescribed authority and the Central Board of Direct Taxes. Applications for extension must be submitted three months before the approval expires.