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of <h1>Indian Cancer Society in Jamshedpur approved for tax benefits under section 35(1)(ii) of Income-tax Act, 1961.</h1> The Indian Cancer Society in Jamshedpur 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, 1988, to March 31, 1989. The approval requires the Society to maintain separate accounts for funds received for scientific research, submit annual returns of research activities by May 31 each year, and provide audited annual accounts by June 30 each year. Additionally, the Society must apply for approval extension before the current approval expires, with late applications subject to rejection.
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