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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Sandhata Medical Research Society Approved for Tax Benefits Under Section 35(1)(ii) for 1987-1988, With Strict Compliance Requirements.</h1> The Sandhata Medical Research Society in Maharashtra has been approved by the Department of Scientific and Industrial Research, New Delhi, under section 35(1)(ii) of the Income-tax Act, 1961, for the period from April 1, 1987, to March 31, 1988. The approval requires the Society to maintain separate accounts for scientific research funds, submit annual returns of research activities by May 31, and provide audited financial documents 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, or risk rejection.